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 Lion Nathan Ltd. agreed to buy the franchise 
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to bottle, distribute and market Pepsi-Cola soft-drink products in Australia, 
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the company said.
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 The New Zealand brewing and retail concern didn't disclose terms.
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 The agreement is effective Jan. 1 
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and is subject to approval from Australia's Foreign Investment Review Board.
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 Cadbury Schweppes Australia Ltd. has held the Australian Pepsi franchise for the past four years.
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 Lion Nathan and PepsiCola Australia, a unit of PepsiCo Inc. of the U.S., didn't say 
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why Cadbury Schweppes will no longer hold the franchise.
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