Danone identifies prospective buyers for Frucor unit

Tue. September 30, 2008; Posted: 09:31 AM

Sep 30, 2008 (Datamonitor via COMTEX) -- DA | Quote | Chart | News | PowerRating -- Groupe Danone and its adviser JP Morgan have identified prospective buyers for the $800 million auction of the company's soft drinks arm Frucor, revealed media reports citing The Australian Financial Review.

Out of 14 potential buyers, the company has reportedly short listed P&N beverages, Kirin Holdings, Asahi Breweries, Pacific Equity Partners, CCMP and Coca-Cola Amatil.

Frucor, known for its energy drink V, is an Australasian beverage company that was purchased by Danone in 2002.

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