Cadbury Fizzes Over Pounds 8bn Drinks Sell-Off

Evening Standard - London › April 14, 2007

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Summary

SHARES in Cadbury Schweppes were fizzing this afternoon on fevered talk tha t it

is poised for an Pounds 8 billion deal to sell its famed drinks arm. Cott Corp, a Canadian company that is one of Wal-Mart's biggest suppliers, is believed to be the surprise bidder for the business, which owns Dr Pepper, 7 UP and Snapple.

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Extract

Cadbury Fizzes Over Pounds 8bn Drinks Sell-Off

Cott shares boomed 18% when the New York market opened, forcing regulators to suspend trading and demand the company make a st...

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