Cadbury to sell drinks business

Cadbury Schweppes put the drinks unit behind Oasis and Orangina up for sale today after its growth lagged behind other parts of the business.

Cadbury to sell drinks business
Thu, 01 Sep, 2005 - 10:48

Cadbury Schweppes put the drinks unit behind Oasis and Orangina up for sale today after its growth lagged behind other parts of the business.

The group is inviting offers for its Europe Beverages division that analysts think could be worth as much as £1.1bn (€1.6bn).

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CourtsBusinessHeathrowPlace: EuropePlace: USPlace: AustraliaPerson: Todd StitzerOrganisation: CadburyOrganisation: Cadbury SchweppesOrganisation: OasisOrganisation: OranginaOrganisation: BeveragesOrganisation: SchweppesOrganisation: Europe Beverages
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