USA: Dr Pepper Snapple acquires Bai Brands for $1.7 billion
Soft drinks giant Dr Pepper Snapple has announced that it is purchasing Bai Brands, a company that manufactures low-calorie coffee-fruit drinks, for $1.7 billion. The Bai Brands product line includes enhanced water, carbonated flavoured water, coconut water and ready-to-drink teas. With its Bai, Bai Bubbles, Cocofusion and other innovative brands, Bai was positioned for expanding […]