Coca-Cola To Test China’s New Antitrust Laws
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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