IN BRIEF (Page 16)
China Daily | Updated: 2008-12-25 08:00
Cadbury to sell Oz unit
Cadbury Plc, the world's largest candy maker, agreed to sell its Schweppes Beverages unit in Australia to Asahi Breweries Ltd for 550 million pounds ($811 million).
The net proceeds of the sale will go toward repaying a 600 million-euro ($839 million) bond that matures in June 2009, London-based Cadbury said yesterday.
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