Cadbury Schweppes, losses in past five months

Shares of Kandia - Excelent Co. went down 20 percent on Bucharest Stock Exchange in the past five months, with majority shareholder Cadbury Schweppes having lost 25 million euros.Cadbury Schweppes bought in early June from Axis Investments and Meinl Bank 93.32 percent of Kandia shares for 96.4 million euros, or 0.87 euro per share.In the first half in 2007, the prices of Kandia - Excelent shares on the bourse climbed 177.4 percent, with the capitalization reaching 90.85 million euros. The ...

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