Thursday, June 7, 2007

Cadbury to Acquire Intergum, Gaining Almost Half of Turkey's Gum Market

(Bloomberg) -- Cadbury Schweppes Plc, the world's
largest confectioner, agreed to buy Turkey's Intergum for $450
million to gain almost half of the country's gum market.

Intergum, which has a 46 percent market share in Turkey,
will be acquired from the Amram family, the London-based company
said today in a statement. Cadbury, the maker of Dairy Milk
chocolate and Trident gum, will pay in cash and assumed debt.


Read more at Bloomberg Emerging Markets News

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