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."
Options Market Suggest China's Stock Rescue Doomed
48:10 - China's markets this week will have a tailwind from last week's interest rate cut and Beijing's decision to prop up stocks with a flurry of state buying. But some say the rally may be short lived. Bloomberg's Zeb Eckert reports on "First Up." (Source: Bloomberg)
  • China's Banks Offer Deeper Cuts to Deposit Rates
  • The Top Stocks to Watch in Asia Today
  • ANZ's Yetsenga Sees Asia Currencies Staying Week