Suntory closing in on deal to buy GSK drinks brands

Suntory closing in on deal to buy GSK drinks brands

Reuters LONDON/TOKYO |Sep 9 Japan’s Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc’s Lucozade and Ribena brands for 1.35 billion pounds ($2.1 billion) to help it expand into new markets. The deal had been expected since people close to the...