Australia-No sale for Cadbury's.

AUSTRALIA.

CADBURY SCHWEPPES.

There was talk last week of the takeover, of the British soft drinks company in Australia owned by British confectionary giant Cadbury, at the price of AU$1.1 billion, by Japans largest brewery Asahi.

Shareholders gave the thumbs down to the deal on Friday Boxing day, claiming the price is now far to high in the current economic climate. The Tokyo stock exchange was open for business on Friday as usual.