Business
Coke and a smile: why Australian investors got a great deal – Sydney Morning Herald
The Coca-Cola mothership in Atlanta decides who owns what in its global empire, so the only surprising aspect to this deal is that it’s taken so long to agree on…
Against this backdrop, the $12.75 per share offer price that won the support of independent directors this week doesnt look half bad.
Its not just Atlantas pivotal stakes in its array of international coke bottlers that allow it to control the world map (it has about 30 per cent of CCA and about 20 per cent of CCEP), it’s the fact that its their dominant raw material supplier.
(If the deal is consummated, Atlanta called the Coca-Cola Company will be part-paid with shares in CCEP so its stake in…
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