Orangina Schweppes, the French soft drink maker, has been sold to its Japanese rival Suntory.
The $3.8 billion sale to Suntory, the privately owned maker of beer, whisky and soft drinks, is particularly interesting in that Suntory announced on July 14 that it is in talks to merge with Japan's Kirin.
Suntory is the Tokyo-based brewing and distilling company group established in 1899. It is one of the country's oldest distributors of alcoholic beverages in Japan, from soft drinks to whiskies, and also owns a chain of sandwich shops.
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