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

How a visit to the dentist helped Muthar Kent get ahead in business

Want to know how to make it to the top of the beverage business? According to Muhtar Kent, it's all about the networking....

BLOG

What's on offer in the UK off-trade?

A red sticker to a shopper is like a red rag to a bull. And as the masses charge at the deals, UK off licences and supermarkets are finding new and novel ways to entice the herd. ...

BLOG

Hennessy's time capsule is for the ages

To celebrate its 250th anniversary, Cognac brand Hennessy is trumpeting a virtual time capsule, making a parallel between it and a barrel of Cognac....

BLOG

Monster Beverage Corp backs the right horse

Rarely do sponsorship deals pay off so quickly. ...

just-drinks homepage



Forgot your password?