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…
-
Noosa News23 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
Noosa News24 hours agoShattered families demand justice after Wieambilla killers not deemed terrorists
-
General7 hours agoGymnastics club in Berwick shuts down following child safety complaint
-
Noosa News22 hours agoSeven key takeaways from the Queensland probe’s first week