Cadbury offloads South African drinks unit

Chocolate maker Cadbury Schweppes today looked set to raise £109m (€156m) following an agreement to sell its South African drinks business Bormor.

Cadbury offloads South African drinks unit
Tue, 04 Apr, 2006 - 12:22

Chocolate maker Cadbury Schweppes today looked set to raise £109m (€156m) following an agreement to sell its South African drinks business Bormor.

The London-based confectionery giant put Bormor up for sale in February at the same time as it agreed to buy South Africa’s leading chewing gum business from Dan Products for £33m (€47m).

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