Under the second Proposal, a cash consideration valued at 1,250 pence per share will be paid by Carlsberg A/S. Under the terms of the agreement, Britvic Shareholders shall be entitled to receive: 1,315 pence for each Britvic Share (the "Acquisition Value"). The Acquisition Value comprises, for each Britvic Share: 1,290 pence in cash for each Britvic Share (the "Acquisition Price"); and a special dividend payment of 25 pence per Britvic Share which is expected to be paid by Britvic prior to the Effective Date (the "Special Dividend"). The deal includes Britvic brands such as Fruit Shoot, J2O, Pepsi, and The London Essence Company.