Prospects of Cadbury-Schweppes split touted
A break-up of Cadbury Schweppes was touted in the City today after the company secured greater control over the distribution of drinks such as 7 Up in the United States.
Cadbury beefed up its drinks operation across the Atlantic by buying the remaining 55% stake in Dr Pepper/Seven Up Bottling Group (BG) – the largest independent bottler in the US – that it does not already own.