Cadbury agrees Australian drinks sale

Dairy Milk confectionery firm Cadbury today agreed to sell its Australian drinks business to Japanese brewer Asahi for £550m (€578m).

Cadbury agrees Australian drinks sale
Wed, 24 Dec, 2008 - 10:43

Dairy Milk confectionery firm Cadbury today agreed to sell its Australian drinks business to Japanese brewer Asahi for £550m (€578m).

The sale of Schweppes Australia will complete the company’s exit from the drinks business after the spin-off of its US beverages arm Dr Pepper Snapple in May.

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