|
|
Article: Private equity losing taste for Frucor.
- Article from:
- Australasian Business Intelligence
- Article date:
- October 2, 2008
CopyrightCOPYRIGHT 2008 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Sue Mitchell
Oct 02, 2008 (The Australian Financial Review - ABIX via COMTEX) -- Only Pacific Equity Partners is left in the running for Frucor Beverages, as CCMP Capital Asia is rumoured to have lost interest. On 2 October 2008, the decision was supposedly due to the difficult economic situation in New Zealand. Frucor's owner, Danone, has applied an apparent reserve price of $A1 billion. Coca-Cola Amatil is interested in purchasing Frucor's energy drink V, which commands almost 50 per cent more market share than its own energy drink, Mother.
Publication Date: 3 October 2008
COCA-COLA AMATIL LIMITED - ASX CCL
MACQUARIE BANK LIMITED - ...