• The New York Times reports that Suntory of Japan is close to a deal to acquire French soft drink manufacturer Orangina from The Blackstone Group and Lion Capital, which acquired the company in 2006. Terms of the likely deal have not been disclosed, but it is expected that it could be north of $3.06 billion.
• The Charlotte Business Journal reports that Harris Teeter is in talks to open a 50,000 square foot store near Nationals Park in Washington, DC, in a waterfront development currently called The Yards. One of the main criticisms of this area of the city is that while it has 2,000 residents and a ballpark, it does not have all the amenities of a vital and functioning neighborhood – and a supermarket is seen as a major step in that direction.
• The Charlotte Business Journal reports that Harris Teeter is in talks to open a 50,000 square foot store near Nationals Park in Washington, DC, in a waterfront development currently called The Yards. One of the main criticisms of this area of the city is that while it has 2,000 residents and a ballpark, it does not have all the amenities of a vital and functioning neighborhood – and a supermarket is seen as a major step in that direction.
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