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June 19, 2006

TURKEY: Cadbury ups stake in Kent

Cadbury Schweppes, the world’s largest confectionary company, has announced that it has signed an agreement with Dundas Ünlü Menkul Degerler AS brokerage house to purchase the remaining publicly held shares in Turkish confectioner Kent.

Cadbury Schweppes, the world’s largest confectionary company, has announced that it has signed an agreement with Dundas Ünlü Menkul Degerler AS brokerage house to purchase the remaining publicly held shares in Turkish confectioner Kent.

The deal sees Cadbury acquiring an additional 0.64% stake in Kent, bringing the company’s total holdings in the company to 96%.

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