Coca-Cola To Test China’s New Antitrust Laws

Law360, New York (September 8, 2008, 12:00 AM EDT) -- The Coca-Cola Company’s proposed takeover of Chinese juice giant China Huiyuan Juice Group Ltd. will provide the first major test of China’s new antitrust laws since their enactment last month.

On Wednesday, Coca-Cola announced plans to purchase Hong Kong-based Huiyuan for $1.60 (HK $12.20) per share in a deal valued at about USD $2.4 billion. The merger would be the company’s largest acquisition ever in China and the second-largest in the company’s history.

As its fourth-largest market, China could provide the beverage titan with a much-needed...
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