This post was written by Tim on December 17, 2008
I have been saying it for a while, and still believe Schweppes will be purchased by Suntory. Cadbury have confirmed they have put it on the table for sale.
Chief Executive Todd Stitzer said that after a six-month review, the company had received sufficient interest in its Australian drinks business to be persuaded that a sale makes sense. The Australian drinks business is Cadbury’s last remaining beverage operation after it spun off Dr Pepper Snapple Group Inc. in the U.S. earlier this year.
You heard it here folks.
Tim
Stumble it!
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