July 25 (Reuters) - Dutch drinks bottler Refresco RFRG.AS said on Tuesday it has agreed to buy the bottling activities of Canada-based Cott Corp BCB.TO for $1.25 billion.
The deal comes three months after Refresco rejected a $1.5 billion takeover offer from French private equity investor PAI Partners saying the offer was inadequate. Dutch company said it will finance the deal with debt.
($1 = 0.8577 euros)