Merrill wraps up £71m Cadbury sale in two hours

Merrill Lynch has completed a £71.6m (€114m) accelerated global tender in shares of Cadbury Schweppes, the UK confectionary and soft drinks company, despite the volatility in the equity markets.

Merrill's deal for Cadbury Schweppes comes just one day after Schroder Salomon Smith Barney raised €69.3m ($64m) from a block trade in Lagardere, the French media group. Bankers are tentatively suggesting that deals are slowly coming back to the equity markets.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions