Suntory to Buy Glaxo’s Lucozade, Ribena for $2.1 Billion

Suntory to Buy Glaxo’s Lucozade, Ribena for $2.1 Billion

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Lucozade, an energy drink, and Ribena, a liquid concentrate marketed toward children, had combined sales of about 500 million pounds last year, Glaxo said. Suntory will acquire global rights to the brands and Glaxo’s Coleford manufacturingsite.