Japan's Suntory to buy GSK drink brands for $2.1bn

GMT 09:00 2013 Monday ,09 September

Arab Today, arab today Japan\'s Suntory to buy GSK drink brands for $2.1bn

Arab Today

 Japanese drinks giant Suntory Holdings said Monday it would buy the Lucozade and Ribena brands from British drugs firm GlaxoSmithKline for $2.1 billion. The deal, part of Suntory's bid to expand overseas to counter a shrinking domestic market, was expected to be completed by the end of the year, Suntory said.

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