Private Equity Firm Invests In Cott Corp

Crescendo Partners LP, a US private equity group, has acquired an 8.2% stake in private label soft drinks specialist Cott Corp, which is based in Canada. Shares in Cott have been in freefall for more than a year following a string of poor results and negative news. However, Crescendo has revealed that it believes Cott's shares are undervalued and represent an attractive investment opportunity - a position that BMI agrees with and first articulated in April

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