Cadbury Delays Sale of Business

Daily PostJuly 28, 2007

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Summary


CADBURY Schweppes was yesterday forced to delay the pounds 8bn sale of its US drinks business as the crisis in the global debt markets sawbidders struggle to raise finance for the deal.

The confectionery giant said it would put back the sale timetable to allow suitors to put together their bids "against a more stable debt financing market".

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Cadbury Delays Sale of Business

It was thought that Cadb...

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