Forum Views ()
Forum Replies ()
Read more with google mobile :
Japan's Suntory makes binding offer for Orangina
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Singapore
Asia Pacific
World
Japan's Suntory makes binding offer for Orangina
AP - Wednesday, September 23
Send
IM Story
Print
TOKYO – Japan's Suntory Holdings has made a binding offer to buy European drink maker Orangina from private equity firms Blackstone and Lion Capital, the equity firms said Wednesday.
Blackstone Group of the U.S. and London-based Lion Capital LLP said in a joint press release that they will now evaluate the proposal, without setting a time table or revealing the size of the offer.
Japanese news reports have said a deal worth about 250 billion yen ($2.7 billion) could come this month.
Suntory representatives could not be reached for comment in Tokyo on Wednesday, a Japanese national holiday.
Orangina was acquired in 2006 by Blackstone and Lion Capital as part of a 1.85 billion euro deal _ worth $2.19 billion at that time _ for Cadbury Schweppes PLC's European soft drink business.
The Japanese brewer Suntory is already in negotiations to merge with main domestic rival Kirin Holdings Co., which would create one of the world's largest food and drink companies.
Suntory is looking to acquire Orangina _ bottler and distributor of its namesake orange drink _ in part to strengthen its bargaining position with Kirin, according to Japanese media reports.
With the local market largely saturated, Japanese drink makers are looking to expand overseas. Earlier this year, Kirin said it was taking control of Australian brewer Lion Nathan Ltd., and bought nearly half of San Miguel Brewery Inc. of the Philippines.
Recommend
Send
IM Story
Print
Related Articles
Allianz to delist from NYSE, other exchanges AP - Wednesday, September 23
EU adviser: Google ads don't infringe trademarks AP - 1 hour 36 minutes ago
Principal's India arm names ING exec as fixed income head Reuters - Wednesday, September 23
Ford to announce 3rd China car plant: source Reuters - Wednesday, September 23
Taiwan's jobless rate hits new high AP - Wednesday, September 23
News Search
Top Stories
US Democratic fundraiser ran Ponzi scheme: prosecutor
UN, NGOs to fight HIV mother-to-child transmission
Legendary Soviet spy mistress dies aged 97: official
Kasparov, Karpov re-match seeks to put chess back in spotlight
G20 needs to agree "more quickly" on financial reform: Medvedev
More Top Stories »
ADVERTISEMENT
Most Popular
Most Viewed
Most Recommended
Legendary Soviet spy mistress dies aged 97: official
Swine flu virus has not mutated: WHO chief
Nanoparticles could pose threat to humans: scientists
Ex-Samsung chairman pays $91 million fine
Kasparov, Karpov re-match seeks to put chess back in spotlight
More Most Viewed »
Ozone hole smaller in 2009 than 2008: WMO
Poignant final farewell as Jackson laid to rest
Nanoparticles could pose threat to humans: scientists
Remains of Jesus-era synagogue found in Israel
Implanted tooth helps blind US woman recover sight
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo
Answers
Groups
Mail
Messenger
Mobile
Search
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Tuesday, 22 September 2009 After years of war, Iraqis hit by frenzy of crime
G20 needs to agree "more quickly" on financial reform: Medvedev
MySpace syncs updates with Twitter
US extends tax amnesty deadline for offshore accounts
Ahmadinejad proud of Holocaust denial
Dell buys Perot Systems for 3.9 billion dollars
Demise of broadcast TV is hot topic at Emmys
Former French PM attacks Sarkozy as smear trial opens
Ousted president Zelaya returns to Honduras
| International
|
More than 100 dead in south Sudan attack
FCC proposes new open Internet rules
Former French PM lashes out as smear trial opens
Aide: Netanyahu won't bend on settlements
US regulator proposes 'free and open Internet'
EU details evidence to back Intel antitrust fine
South Korea says North must seize diplomatic chance
| International
|
Dairy farmers burn hay, dump milk in price protest
| International
|
German teen planned school apocalypse: prosecutor
| International
|
EU publishes e-mails to back case against Intel
Starbucks, Dell to aid online effort to save rainforest
Silicon Valley reinvents the lowly brick
| Technology
|
British pop divided in file sharing debate
| Technology
|
Demise of broadcast TV is hot topic at Emmys
| Technology
|
Pittsburgh tackles intricacies of hosting leaders
IRS extends amnesty program for tax cheats
Clout fading, US vies to set G-20 meetings agenda
China says military arsenal comparable with West
81-year-old Thai king hospitalized for third day
US terror plot suspects due in court
China says Taiwan ties to continue to improve
Swine flu virus hasn't mutated, WHO chief says
McHugh sworn in as Army secretary
Police say attack on Pakistani minister foiled
Taiwan city snubs China over film on Uighur leader
Israel plays down Mideast breakthrough hopes at Obama summit
Memorial date set in NY for slain Yale student
Quake kills ten in Bhutan: report
China begins mass vaccinations for swine flu
Coach cleared in player's death to resume teaching
Head of group accused in Mumbai assault arrested
A lot of evidence found in 4 Va. killings
Turner vs old masters at new London exhibition
Lady Gaga, Kings of Leon head MTV Europe shortlist
| Entertainment
|
Renoir's late works highlighted at Paris show
Slight ratings increase for the Emmy Awards
Opera at Versailles reopens
British pop divided in file sharing debate
| Entertainment
|
Serbia mulls ban on anti-gay extremists
Lady Gaga, Kings of Leon head MTV Europe shortlist
Obama starts big week with innovation speech in NY
Italian orchestra creates multicultural Mozart
| Entertainment
|
Pianist known for movie theme songs dies at 88
Designer Todd Lynn breaks out the shoulder pads
Chanel advanced women's rights, says actress Tautou
"Lebanon's Madoff" embarrasses Hezbollah
Legendary Soviet spy mistress dies aged 97: official
Honduras deep in crisis again with Zelaya return
| International
|
US-TECH Summary
US Democratic fundraiser ran Ponzi scheme: prosecutor
Rights groups: UN must name special envoy for Iran
Ahmadinejad warns against any attack on Iran
| International
|
UN, NGOs to fight HIV mother-to-child transmission
Nortel to sell carrier network assets in auction
Kasparov, Karpov re-match seeks to put chess back in spotlight
Google pays homage to H.G. Wells
U.S. commander says Afghan war needs more troops
| International
|
Silicon Valley reinvents the lowly brick
China open on rebalancing, to a degree: researchers
| International
|
Rights groups seek U.N. probe of Iran rape charges
| International
|
Clarification: Lebanon-Israel story
U.S. says won't dictate to Japan on military bases
| International
|
Germany's Merkel turns caution to strength
| International
|
Lebanon's Madoff embarrasses Hezbollah
| International
|
US wants equal ties with new Japanese government
Steele says Dems, GOP failing to address poverty
Far Eastern Economic Review to shut down in December
CAPITAL CULTURE: Mr. Obama's Chicago neighborhood
Census: Recession had sweeping impact on US life
US, Japan to discuss US troop presence
Census: 150,000 gay couples report they're married
S.Korea says North must seize diplomatic chance
Fla. mom slain with her 5 children endured abuse
Quake kills at least 11 in Bhutan, shakes India
US looks to China for NKorea progress
China's military power takes 'quantum leap': defence minister
Police: ACORN worker in video reported couple
Residents evacuated by Ore. fire begin going home
Thai king's fever eases, still in hospital: palace
Carter says Israel must stop building settlements
NJ man, 82, charged with fondling Wal-Mart patrons
Nortel to sell carrier network assets in auction
| Technology
|
NZ farmers get income boost as dairy prices rise
S.Korea spotted buying dlrs to limit won's gains-traders
BOK to use monetary policy to calm property
ADB raises Asian growth outlook after stimulus
Taiwan dollar up on banks, funds, trade seen narrow
Elite US universities feel pain of market slump
Eyes on China at high stakes UN climate meet
Seoul shares rise led by techs; telcos retreat
US-ENTERTAINMENT Summary
S.Korea BOK rolls over part of maturing FX loans
Brad Pitt in talks for "Sherlock Holmes" sequel
NZ farmer confidence improves in Q3
Bollywood looks to Diwali to light up box office
Airlines vow to cut carbon output by 2050: report
New Saudi university to break social barriers
Killers, Yorke on "New Moon" soundtrack
"NCIS: Los Angeles" like new version of "A-Team"
Jackson movie to get mass worldwide premiere
Jackson movie to get mass worldwide premiere
| Entertainment
|
"Glee" to be picked up for full season
Skies clear for no. 1 film `Chance of Meatballs'
Brad Pitt in talks for Sherlock Holmes sequel
| Entertainment
|
NCIS: Los Angeles like new version of A-Team
| Entertainment
|
Glee to be picked up for full season
| Entertainment
|
Killers, Yorke on New Moon soundtrack
| Entertainment
|
French riot police raid migrant 'jungle'
Iran says makes new model of nuclear centrifuges
EU court adviser backs Google in ads row with LMVH
Ahmadinejad threatens to 'cut' attackers' hands
Thai teacher caught on cellphone beating pupil
French police clear Calais migrant camp
| International
|
'Idol' host who inspired Afghans flees to US
Egypt and Bulgaria square off for top UNESCO job
Video game classics need museum, say "Retrogamers"
Farmers hand out free milk in Paris in price protest
| International
|
Merkel centre-right hopes under threat before vote
| International
|
U.S. closes South Africa embassy over threat
| International
|
China appeals WTO ruling on entertainment imports
| International
|
Israeli troops shoot dead Palestinian motorist
| International
|
Thai king's health improving after treatment
| International
|
China appeals against WTO ruling on films, music
2 Australian miners trapped underground for a day
Former President Clinton calls Paterson 'good man'
Impoverished Kyrgyzstan to ration electricity
FACT CHECK: Coverage requirement enforced with tax
Girls school attacked in troubled NW Pakistan
Rescuers search for survivors in Bhutan quake
Bill Clinton says US must approach Iran carefully
Bomb in Afghanistan kills US service member
With a fresh focus on design, laptops come of age
| Technology
|
AP sources: Instead of troops, maybe more drones
EU court adviser backs Google on Net ads
| Technology
|
Obama visits Letterman and brings home a potato
Aussie oil spill set to continue leaking: company
Taiwan city screens film about Uighur activist
Stolen Aussie Olympic gold back after 25 years
Southeast floods block highways; toll rises to 8
Myanmar-American held in Yangon for 3 weeks
Ex-Ohio coach gets 4 years for arson at own home
US criticizes rights abuses in Iran, Russia, China
All parties downbeat ahead of Mideast summit
US Embassy in South Africa closes for security
Japan's Suntory makes binding offer for Orangina
NZ keeping index-linked bonds as an option -Combes
Taiwan's jobless rate hits new high
US still pushing to raise money for Expo pavilion
SCENARIOS-What will Taiwan c.bank say on economy, policy?
Struggling Taiwan bullet train firm picks new boss
GM Daewoo files action over car 'copying'
South Korean president pushes 'green growth'
Body shape debate stalks London catwalks
Taiwan director: Art movies are on the decline
Global melting pot gives London the fashion edge
Indonesia boat accident kills 15, 15 more missing
'Gandhi chic' looks to lure Indian fashionistas
Prisoners turn beauticians at Malaysia's 'Jail Spa'
Angie Harmon kicks off celebrity shoe auction
Milan fashion week to open under economic cloud
3 pharmacists warned about Anna Nicole Smith's Rx
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights