Cadbury sets timetable for demerger

Cadbury Schweppes today set a date of May 7 for the demerger of American drinks arm, Dr Pepper Snapple.

Cadbury sets timetable for demerger

Cadbury Schweppes today set a date of May 7 for the demerger of American drinks arm, Dr Pepper Snapple.

The Dairy Milk and Bassett firm had planned to sell the drinks business, maker of Dr Pepper and 7Up, but changed its mind in the summer after the credit crunch hit the ability of potential buyers to raise finance.

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