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

just-drinks technical issues - 24 August

We had some technical problems with the just-drinks site yesterday....

BLOG

P Diddy vs 50 Cent in vodka wars

No self-respecting rapper is without some affiliation to a booze brand. Vodka is de rigueur, thanks to P Diddy and his tie-up with Diageo and Ciroc. ...

BLOG

Beer and breakfast DO go together

Is this the true breakfast of champions?...

BLOG

Is this the worst drinks ad of all time?

We are well served in the drinks industry by quality advertising campaigns....

just-drinks homepage



Forgot your password?