Japan's Suntory Holdings is in talks to acquire Schwepps owner Orangina from Blackstone (BX...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Japan's Suntory Holdings is in talks to acquire Schwepps owner Orangina from Blackstone (BX +5.3%) and Lion Capital. Price is likely to exceed the $2.6B they paid in 2006. "With a sudden spurt of merger and capital-markets activity, private-equity firms are scurrying to exit holdings and return money to their investors after almost two years of paralysis."