INDIA: Cadbury-Schweppes reaches 90% target in Cadbury India offer
The UK-based confectionery and soft drinks group, Cadbury-Schweppes, has announced it has obtained more than 90% of the shares in Cadbury India following its open offer to acquire the outstanding 49% in the company which it did not previously own. The 90% mark was the company's target for the open offer, which closed on Friday.