Shares in Britvic rose 1.25p to finish on 205p yesterday amid rumours that the soft drinks company could be the target for a bid.

Investors speculated that French private equity group PAI could be preparing to make an offer for Britvic worth 280p a share.

Last week Britvic reported a 9.4% decrease in half-year pre-tax profit to April 16 of £43.4m, on total branded sales down 5.3% at £323.5m.