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Cadbury to sell off European drinks arm

Published:  23 July, 2008

Cadbury Schweppes put its European drinks business up
for sale last week.

The division includes brands such as Orangina, Oasis and TriNa,

and its sale is expected to fetch around 1 billion.

The company will retain its American Beverages division, which includes 7Up, Dr Pepper, Snapple and Schweppes.