Cott To Sell Beverage Business To Refresco For $1.25B

By Joyce Hanson ( July 25, 2017, 7:02 PM EDT) -- Canada's Cott Corp. said Tuesday it will sell Cott Beverages, its traditional beverage manufacturing business of carbonated soft drinks and juice-based products, to Dutch soft drink bottler Refresco Group NV for $1. 25 billion, just a few months after Refresco rejected a private equity shop's $1. 5 billion buyout offer. . . .

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