Cadbury Schweppes would split off and list its Americas Beverages division on the New York Stock Exchange after failing to find a buyer for the unit, it said yesterday.
The US drinks subsidiary is worth about £7 billion (R97 billion), say industry experts .
Cadbury had said earlier it might abandon sell-off plans because highly volatile financial markets were making it difficult for bidders to raise sufficient cash to finance an acquisition. - AFP, London