Cadbury acquires Adams
This article was originally published in The Tan Sheet
Executive Summary
Acquisition of Adams confectionery business from Pfizer completed March 31 following shareholder and regulatory approval, Cadbury Schweppes confirms in same-day announcement. Price tag of $4.2 bil., including $450 mil. for tax benefits, includes Halls medicated cough drops (1"The Tan Sheet" Dec. 23, 2002, p. 6). Pfizer also completes sale of Schick-Wilkinson Sword Shaving Products business to Energizer Holdings for $930 mil...
Acquisition of Adams confectionery business from Pfizer completed March 31 following shareholder and regulatory approval, Cadbury Schweppes confirms in same-day announcement. Price tag of $4.2 bil., including $450 mil. for tax benefits, includes Halls medicated cough drops (1 (Also see "Halls Acquisition Brings Cadbury Into “Functional Confectionery” Market" - Pink Sheet, 23 Dec, 2002.), p. 6). Pfizer also completes sale of Schick-Wilkinson Sword Shaving Products business to Energizer Holdings for $930 mil.... |