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Trade reports say Nestle (NSRGY.PK) and India's Tata Global Beverage (TTAZF.PK) are looking to...

Trade reports say Nestle (NSRGY.PK) and India's Tata Global Beverage (TTAZF.PK) are looking to buy Arizona Beverage in light of a growing push by consumers towards non-carbonated drinks. Coke (KO -0.4%) and Pepsi (PEP -1%) appear to be sitting out the fight for Arizona's 1/3 of the tea market, avoiding the $3B-$5B price tag the deal could fetch.
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