Suntory Buys Glaxo's Lucozade, Ribena in $2.1B Deal

Sept. 9 (Bloomberg) -- Bloomberg European business correspondent Caroline Hyde reports that Suntory Beverage & Food Ltd. agreed to a purchase of the Lucozade and Ribena drink brands from GlaxoSmithKline Plc in a $2.1 billion as the beverage maker seeks to expand business beyond its domestic market. She speaks on Bloomberg Television's "The Pulse."

Why Richard Perry Is Closing His Main Hedge Fund
22:44 - Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style of investing no longer worked. Bloomberg's Katia Porzecanski reports on "What'd You Miss?" (Source: Bloomberg)
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