Remember the infamous ‘Zulu Papers’? Back in December 2001, they were the internal papers at Interbrew which were altered and leaked to the press, outlining the possibility of acquiring SAB. The Financial Services Authority (FSA) has ended its controversial investigation into the leak of documents after concluding that it cannot take the probe any further.
However, the regulator’s involvement caused uproar with the Financial Times, The Guardian, The Times, the Independent and Reuters, who claimed that an English court judgment requiring them to hand over the documents breached their freedom of expression.
FSA chairman Sir Howard Davies said: “We have concluded that the appropriate authorities to pursue this are in another country. At this point, we have concluded that we are not the appropriate authority. If an offence has been committed, it has been committed elsewhere.”
SNAPPLE CUTS COUP IN NYC. Cadbury-Schweppes cut a fat hog with the city of New York. Its subsidiary, Snapple Beverage Group, has signed a five year deal to make it the official drink of New York City.
The deal singles out Snapple as the exclusive beverage in the city’s 1,200 schools and city buildings and parks.
In return, Snapple will spend $60 million on promoting New York City over the next five years.MTD Sell Day: 11 … Sell Days This Month: 22 … Sell Days This Month Last Year: 21
YTD Over/Under Sell Days: -1 .. This Month Ends on a: Tue .. Last Year This Month Ended on a: Mon.
