Debt Fears Threaten Cadbury Schweppes' Pounds 8bn Sale of Drinks Division ; Private Equity

Summary


Cadbury Schweppes' proposed pounds 8 billion sale of its US drinks business could be under threat as bidders struggle to raise debt in tightening credit markets, it was claimed yesterday.

And a possible Kraft bid for the confectionery side is also diminishing.

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Extract


Debt Fears Threaten Cadbury Schweppes' Pounds 8bn Sale of Drinks Division ; Private Equity

The sale of the US business, which includes Dr Pepper, Snapple and 7-UP may be delayed or even cancelled after banks were forced to low...

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