Charlie’s juice sells up for $129m but stays ‘honest’—updated
2011-07-04 15:01:00 // | 1 comment
Kiwi juice company Charlie's says accepting a foreign takeover was “inevitable”, but there won't be any redundancies or closures. And for shareholders who bought into the company in 2005, this week's deal with Japanese drink giant Asahi represents a 340 percent total return. Good - but is it good enough?