Us Offers, Drinks Split and a Sweetener for Shareholders

Summary


Confectionery and drinks giant Cad-bury Schweppes is tomorrow expected to outline plans of a pounds 300 million austerity drive in a trading update.

Todd Stitzer, the chief executive of the Dairy Milk maker, is reportedly considering a fresh round of factory closures and job cuts at the global group, which is based in Bournville, Birmingham.

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Extract


Us Offers, Drinks Split and a Sweetener for Shareholders

The firm will also update on the proposed separation of its pounds 8 billion US drinks business, which makes Dr Pepper and 7- Up. Mr Stitz...

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