Friday, June 22, 2007

Coke may be eyeing Cadbury's Snapple-report

(Reuters) - Citing several Coke executives, Beverage Digest reported that "Coke might be interested -- or in words of some, should be interested -- in buying Snapple to beef up its tea business."



Snapple, which sells flavored teas, lemonades and juice drinks, was the third-largest bottled tea brand in the first quarter, ahead of Coke's entire tea portfolio, which includes Nestea, Gold Peak and recently acquired Fuze, according to Beverage Digest data.


Read more at Reuters.com Bonds News

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