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Deal Detail

Dr Pepper/Seven Up Bottling Group, Inc. to Cadbury Schweppes plc

EV / LTM EBITDA
7.1x
EV / LTM Sales
-
Enterprise Value
-
Primary Source
Fairness Opinion

Comparable Transactions

Beverages transactions announced in the five years to April 2006. 8 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
2005Pepsi-Cola Bottling Company of Charlotte, Inc.The Pepsi Bottling Group, Inc.--16.6xStrategic
2004Seltzer & Rydholm, Inc.The Pepsi Bottling Group, Inc.--9.3xStrategic
2003Olean Bottling Works, Inc.The Pepsi Bottling Group, Inc.--5.7xStrategic
2003Pepsi-Cola Buffalo Bottling Corp.The Pepsi Bottling Group, Inc.--7.4xStrategic
Oct 2002Pepsi-Gemex, S.A. de C.V.The Pepsi Bottling Group, Inc.--6.2xStrategic
2002Pepsi-Cola Bottling Co. of MaconThe Pepsi Bottling Group, Inc.--8.2xStrategic
2002Panamerican Beverages, Inc.Coca-Cola FEMSA, S.A. de C.V.--8.5xStrategic
2002Pepsi-Cola Bottling Co. of Aroostook, Inc.The Pepsi Bottling Group, Inc.--9.7xStrategic
Mean-9.0x
Median-8.3x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
PrimaryFairness OpinionPBG FOPerella Weinberg2010--7.1x--Open
-Fairness OpinionPAS FOGoldman Sachs2010--7.1x--Open
-Fairness OpinionPBG FOBofA2010$1.5B-7.1x--Open
-Fairness OpinionPBG FOCenterview2010$1.5B-7.1x--Open