Article: France : Suntory in Talks to Acquire Orangina From Blackstone.

Byline: manish03

Suntory Holdings Ltd. is in talks to buy European drinkmaker Orangina from Blackstone Group LP and Lion Capital Holdings Inc. as Japan s third-largest brewer expands outside a shrinking domestic market.

The purchase, for more than $2.6 billion, could be agreed as soon as this week, said a person familiar with the talks who declined to be identified. Suntory is in discussions to buy Orangina, spokeswoman Aya Takemoto said today. Blackstone confirmed the talks in a Business Wire statement.

Buying the European drinks business previously owned by Cadbury Schweppes Plc would give Suntory the Oasis, Schweppes and other brands that ...

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