Cadbury Schweppes tastes Peltz effect.

Investors Chronicle, March, 2007

Cadbury Schweppes has announced that US activist investor Nelson Peltz and his affiliates have bought 2.98 per cent of the group's shares. The shares have risen by 9 per cent, to 593p, since the news. Similar rises were seen in Heinz' shares after Mr Peltz took a stake in the company, and it then undertook a radical restructuring plan. He may try something similar with Cadbury Schweppes.

The rise in the share price already reflects the improved performance Mr Peltz may trigger. Fairly priced.

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