Analysts believe the price tag for the business will be in the region of $800m to $1 billion. Observers have already tipped Danone as the most likely buyer but Nestle and Cadbury Schweppes are both expected to show an interest.
US: Suntory to sell water delivery business
Japanese drinks group, Suntory, has put its US home and office water delivery business, which includes established brands such as Belmont and Hinckley Springs, up for sale. The news is likely to precipitate a bidding war amongh interested potential buyers which will certainly include the major players in the market.