GlaxoSmithKline put Lucozade and Ribena 'up for sale'

Household drinks brands Lucozade and Ribena are set to be put up for sale for as much as €1.1bn, it was reported today.

GlaxoSmithKline put Lucozade and Ribena 'up for sale'

Household drinks brands Lucozade and Ribena are set to be put up for sale for as much as €1.1bn, it was reported today.

Parent group GlaxoSmithKline has already sounded out potential advisers for the sale of the two brands and is expected to confirm the plans within weeks, according to The Sunday Times.

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