By: Olly Wehring - 2 July 2007 17:41
India’s Tata Tea is mooted as mulling a bid for Cadbury Schweppes’ US beverage business. Local reports have suggested that Tata is planning to combine with a joint bid being lodged by private equity group Blackstone and Lion Capital for the Cadbury drinks businesses.
The existence of private equity groups amongst the bidders confirms the growing interest this financial sector is taking in the industry. PEGs remain a hugely misunderstood sector but they’re a rising presence in the drinks world. Keep your eyes peeled for an analysis of private equity groups and their role within the drinks industry, which we’ll be running later this week.
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