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The third caveat is, of course, Fevertree's nutso valuation. Market cap of £4.6bn-ish, last I checked ............
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.............. but against all that, we've been picking up suggestions of interest in Fevertree from potential bidders.
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With those suggestions of interest taken seriously, meaning Fevertree has passed them over to its broker.
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(House broker is Investec.)
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One potential buyer mentioned in the mix here is PepsiCo.
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Who tend to do their M&A work through Goldman, I think.