INDIA: Cadbury Schweppes offers to buy outstanding 49% in Cadbury India
By Sarah Diston | 11 December 2001
Cadbury Schweppes Plc has announced that it is to acquire the outstanding 49% minority in its Indian subsidiary, Cadbury India Ltd. In a statement Cadbury's said that subject the statutory approval the deal will be through a voluntary offer of 500 Rupees per share in cash. An offer, it said which values the minority at 8,749m Rupees.
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Cadbury Schweppes Plc has announced that it is to acquire the outstanding 49% minority in its Indian subsidiary, Cadbury India Ltd. In a statement Cadbury's said that subject the statutory approval the deal will be through a voluntary offer of 500 Rupees per share in cash. An offer, it said which values the minority at 8,749m Rupees.
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