GlaxoSmithKline agrees to sell Lucozade and Ribena to Orangina Schweppes owner Suntory for £1.35bn.
Issy Fidderman's insight:
It always shocks me that hundreds drinks which you assume are in competition with each other are owned by a very small number of companies - this article gives another example of this. Monopolies have the power to seriously harm consumers so that has to be weighed up against economies of scale.
It's very good that the majority of workers should retain their jobs though.
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