Business
Europeans in talks to acquire Coca-Cola Amatil – Sydney Morning Herald
The European arm of Coca-Cola, the world’s largest independent soft drink bottler, is in talks to acquire Australia’s Coca-Cola Amatil to expand in Asia Pacific….
The talks underscore how soft drink bottlers are under pressure to consolidate as the popularity of sugary drinks declines, as well as because of the disruptions caused by the coronavirus pandemic. Coca-Cola European Partners decided early this year to halt its buyback program and defer a dividend to preserve cash.
Coca-Cola European Partners is interested in a majority acquisition of Coca-Cola Amatil, though some of the people said it’s also previously discussed asset purchases.
Coca-Cola European…
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