Cadbury's plans Turkish deal

Cadbury Schweppes today announced plans to acquire a minimum 51% equity stake in Kent, Turkey’s premier sweets and confectionary firm.

Cadbury's plans Turkish deal
Thu, 21 Feb, 2002 - 16:53

Cadbury Schweppes today announced plans to acquire a minimum 51% equity stake in Kent, Turkey’s premier sweets and confectionary firm.

The drinks and chocolate giant will also buy a majority interest in Birlik, Kent’s distribution arm, for £67m (€110m) cash and assumed debt.

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CourtsHeathrowPlace: Kent, TurkeyPlace: AfricaPlace: Middle EastPlace: Russia.’’Place: TurkeyPlace: IstanbulPerson: John SunderlandPerson: Yakup TahinciogluPerson: TahinciogluPerson: KentOrganisation: CadburyOrganisation: Cadbury SchweppesOrganisation: BirlikOrganisation: KentOrganisation: Cadbury Schweppes’
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