Cadbury has refused a request from buyout firms to help fund their acquisition of its soft drinks business, postponed after the credit crunch crisis. The request came from a consortium including Blackstone, KKR and Lion Capital, which is still in talks with Cadburys. They said they would be prepared to buy the drinks arm for £6.4bn to £6.9bn providing Cadbury helped underwrite the deal. Analysts now expect Cadbury to spin off the drinks business as a separate company rather than sell. Daily Mail 15/9/07 page 71 (City & Finance)