Business
Coca-Cola’s Australian rightsholder set to be sold off to Europe – ABC News
The likely sell-off of Coca-Cola Amatil by investors today will see the Australian bottler with the rights to the fizzy drink controlled by Europe.
It has been sold in Australia for decades with help from local celebrities and even become part of Sydney’s cityscape. But now Coca-Cola is set to lose its local flavour.
Key points:
- Investors will vote today on whether to sell Australian company Coca-Cola Amatil to Europe
- Europe is offering $9.8 billion
- CCA controls the rights to the famous brand Coca-Cola in Australia and has many factories here to make it
Investors will today vote on whether to sell the Australian bottler Coca-Cola Amatil (CCA)…
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