Blog: Private equi-tea
Olly Wehring | 2 July 2007
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.
Here's a round-up of the top stories on just-drinks last week, featuring William Grant & Sons, the Southern hemisphere's winemakers, SABMiller and Heineken, and Coke Light....
How many beer mugs can one man carry? ...
Here's a round-up of the top stories on just-drinks last week, featuring Pernod Ricard, The Coca-Cola Co, SABMiller's new Scotch whisky and Santa Rita Estates....
The US state of Arkansas goes to the polls on 4 November to decide whether to end so-called “dry” counties, meaning ones that don't allow any alcohol sales. About half of the state's 75 counties are a...
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