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."
Most Recent Videos
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)