Monday, 1 February 2016

Coca Cola invests 40% equity stake to acquire Chivita limited

    Coca-Cola disclosed that it has invested their 40 percent(40%) initial minority equity stake to acquire Chivita Limited.The new deal is expected to increase ownership to 100 percent within three years, subject to regulatory approvals, while working on other long-term commercial structures. 

   The agreement would allow both companies to leverage their respective investments and expertise to further drive innovation, optimize efficiency and strengthen route-to-market to accelerate growth and increase consumer availability and choice.

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