GlaxoSmithKline to sell soft drink brands Lucozade and Ribena
date:Apr 25, 2013
ling a knockout bid, said: We don't acknowledge this report as factual.

Private equity firms are also hungry for deals and the strong cashflows generated by Lucozade and Ribena could attract the likes of Blackstone (BX.N), BC Partners BCPRT.UL, PAI, Lion Capital, Bain Capital, CVC Capital Partners CVC.UL and KKR (KKR.N).

Officials at the private equity houses declined to comment.

Lucozade and Ribena no longer fit well in GSK's portfolio, since the company is focusing its consumer health opera
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