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Cadbury Schweppes plc has announced that, in connection with the proposed demerger of its American Beverages business to Dr Pepper Snapple Group, Inc., the US Securities and Exchange Commission (SEC) has declared DPSG's Form 10 Registration Statement effective.
The document, which was revised and filed on 22 April, 2008 as the sixth filing of the Form 10 Registration Statement, is available on the SEC's website and will shortly be sent to shareowners.
Once the scheme becomes effective, existing Cadbury Schweppes ordinary shares and ADRs will be cancelled and delisted to be replaced by Cadbury plc ordinary shares, Cadbury beverage shares and ADRs. It's expected that Cadbury ordinary shares and ADRs will begin trading on the London Stock Exchange under symbol "CBRY" and on the NYSE under symbol "CBY", respectively on 2 May 2008.