Bass has put Britvic up for sale. The top soft drinks manufacturer could raise up to £450m. Pepsico is the most likely buyer but AG Barr and potential management buyout team could be serious contenders.

Britvic is 90% owned by a joint venture between Whitbread, Allied Domecq, and Bass. Bass is the controlling partner with 50.1%.

The Sunday Times 20/08/00 page 1 (Business)