Cadbury Schweppes Angles For Pernod Ricard Brands

LONDON — Confectionary and drinks company Cadbury Schweppes PLC said it is close to acquiring Pernod Ricard SA’s soft-drink brands and businesses in Europe, North America and Australia for 419 million pounds ($591.5 million or 692.6 million euros).

The proposed transaction includes Pernod’s Orangina, Pampryl, Champomy and Yoo-Hoo brands and is subject to regulatory approval and consultation with the Orangina-Pampryl Works Council.

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