COTT IS SPLITTING NORTH AMERICAN OPERATIONS

TORONTO (FNS) -- Cott Corp. here, the world's largest bottler of private-label soft drinks, is splitting its North American operations into U.S. and Canadian divisions.Cott has also canceled its quarterly dividend following a 21% drop in its second-quarter profit. The company said that from now on, dividends will be re-invested in the business.Cott's U.S. headquarters will be in Tampa, Fla., while

TORONTO (FNS) -- Cott Corp. here, the world's largest bottler of private-label soft drinks, is splitting its North American operations into U.S. and Canadian divisions.

Cott has also canceled its quarterly dividend following a 21% drop in its second-quarter profit. The company said that from now on, dividends will be re-invested in the business.

Cott's U.S. headquarters will be in Tampa, Fla., while Canadian operations will remain here, which previously had overseen both U.S.

Register to view the full article

Already a member? .