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Title
Britvic buys C&C's soft drinks business.
Abstract
The article reports on the decision of Britvic to purchase the softdrinks and distribution businesses of C&C Group for €249 million in cash. It states that such acquisition will enable Britvic to control Ballygowan Water, Cidona and bottling rights to Pepsi and 7Up in Northern Ireland. C&C plans to concentrate on its alcoholic beverage business and to direct the money from the sale into its share buy-back program.