Reed’s, Inc. makes top-selling sodas sold in natural food markets nationwide. The company’s product offerings are being sold through specialty gourmet and natural food stores, retail supermarkets, and restaurants across the US and Canada.

The company’s six award-winning, non-alcoholic ginger brews are unique in the beverage industry. Reed’s beverages are brewed, not manufactured, and Reed’s uses fresh ginger, spices, and fruits in a unique brewing process. This brewing process originated in the Caribbean and predates modern soft drinks. The company also makes other related products, including ginger candies and ginger ice creams.

Ginger, derived from a root, is known around the globe for its health benefits. Ginger has traditionally been used to treat various ailments, including improving digestion, helping with arthritic pain, and curing motion and morning sickness. Recent studies have shown that ginger is also an anti-cancer agent.

This worldwide perception of the health benefits of ginger has helped Reed’s expand their

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By Jason Simpkins Associate Editor After a disappointing string of failed takeovers, CNOOC Ltd. (ADR: CEO) has reignited its foreign expansion initiative with a $2.49 billion buyout of Norway’s Awilco Offshore ASA. China Oilfield Services Ltd., a unit of China’s top offshore oil and gas producer will pay $16.66 (85 kroner) a share, an 18.7% premium to last week’s closing price. Awilco’s board unanimously approved the offer and the deal, which still requires regulatory approval, but should be closed by October. China Oilfield will borrow about $2.3 billion to finance the deal. "I think 85 kroner a share is a good price," Stian Eliassen, an analyst at Carnegie ASA in Oslo, told Bloomberg News. "They’re very interested in Awilco’s jack-up rigs, seven of which will be available to be leased by clients next year."...