Coke to buy Cadbury brands amid profit alert

Article Abstract:

In an attempt to expand overseas, Coca-Cola will try to win regulatory approval to acquire about 30 Cadbury brands for $1.75 billion. The company's offer excludes the brands in France because it is still hoping to acquire Orangina in that country and doesn't want to jeopardize the deal. Cadbury's current sales represent only a 3% marketshare outside the U.S. Number Two Pepsi is expected to object to Number 1 and Number 3 merging. In addition to the purchase price, Coke would assume about $100 million in debt. Other countries not included in the deal are the U.S. and South Africa.

Acquisitions & mergers, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, European Union, Bottled and canned soft drinks, Soft drinks, Mergers, acquisitions and divestments, Coca-Cola Co. (Atlanta, Georgia), Abstract, Soft drink industry, KO, Cadbury Beverages Inc.

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Triarc executives propose to buy rest of company for $418 million

Article Abstract:

The chairman and CEO of Triarc Cos., Nelson Peltz, and president and chief operating officer Peter May, have made an offer to acquire the 74% of the firm that they do not already own. Both men have expressed their frustrations over Triarc's valuation. Mr. Peltz and Mr. May are offering to pay $418 million in cash and stocks for the share. They would also assume approximately $425 million in debt.

Comment:

Chmn and CEO Nelson Peltz and Pres Peter May make a $418 million bid to acquire 74% of co they do not already own

United States, Company Planning/Goals, Beverages, Beverage Manufacturing, Company Personnel, Triarc Companies Inc., Article

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