Coca-Cola Co. To Buy Chinese Juice Maker

Summary


BEIJING (Bloomberg) -- Coca-Cola Co., the world's biggest soft- drink company, sought approval from the Chinese Ministry of Commerce for its $2.3 billion acquisition of China Huiyuan Juice Group Ltd.

Coca-Cola filed the documents last week, Kenth Kaerhoeg, spokesman for Coca-Cola Asia, said in a phone interview Monday. The U.S. company had offered ($2.3 billion) to buy Huiyuan, the companies said Sept. 3.

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Coca-Cola Co. To Buy Chinese Juice Maker

The acquisi...

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