Dr Pepper Snapple Group (DPS) announced it has reached an agreement with Mondeléz International, Inc. to reacquire the distribution rights for Snapple and several other non-carbonated beverage brands in parts of Asia-Pacific.
Terms of the agreement were not disclosed. The company said it does not anticipate the acquisition to have any material effect on its 2013 financial results.
The company will have the rights to distribute Snapple in Australia, Malaysia, Singapore, China, Hong Kong, Japan and South Korea. In Australia, the company also will have distribution rights for Mott's, Mr & Mrs T, Clamato, Mistic, Holland House and Yoo-hoo.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.