Blog: Chris MercerStarBev: CVC under pressure to find funds?

Chris Mercer | 28 February 2012

Is CVC Capital testing the waters for a StarBev exit because it needs the funds to service debt elsewhere?

It remains extremely unclear whether anything will come of the initial interest shown in StarBev.

However, could CVC be a forced seller? I point you towards a Reuters article out of Australia, which discusses CVC's debt issues regarding its Nine Entertainment business there. 

This makes interesting reading and raises the possibility that CVC might be seeking to extract cash from elsewhere in its business. Something to watch, perhaps.

 


BLOG

Make way craft, here come the indie brewers

Could it happen? According to this report, a section of the beer community wants to ditch the word craft. They prefer instead the term “Indie” for brewers they believe follow the enlightened path of t...

BLOG

Kent's dire warning puts Coca-Cola woes in the shade

The global elite were in Switzerland last week for the World Economic Forum in Davos, the annual corporate huddle for the rich and powerful. The CEO of The Coca-Cola Co, Muhtar Kent, was there too, de...

BLOG

PepsiCo wakes up and smells the latte

With The Coca-Cola Co stealing yesterday's limelight with its new united marketing strategy for brand Coke yesterday, a Forbes interview with PepsiCo North America Beverages' new CMO, Seth Kaufman, sl...

BLOG

Coke Life threatens Coca-Cola's united front

It is a bold attempt to regain a measure of control in the ever-spiraling debate about sugar. But will The Coca-Cola Co's new marketing strategy - which for the first time ties all of the Coke family ...

just-drinks homepage



Forgot your password?