19 result(s) displayed (1 - 19 of 19):
Keep your millions, our coconuts have staying power. That seems to be the sentiment of Michael Kirban, founder of coconut water beverage company Vita Coco. The New York Post reported that Kirban recently turned down multimillion-dollar investments from Coca-Cola Co. (NYSE:KO) and PepsiCo Inc. (NYSE:PEP). Initially, it seems like a...
Posted on September 21, 2009 4:25 PM
Wednesday's announcement that German truckmaker MAN SE will acquire 25% of Chinese peer Sinotruk Ltd. for €560 million ($397 million) comes as cross-border deals travel bumpy roads in China.MAN chief executive Håkan Samuelsson has the advantage of dealing with Sinotruk in the past, saying, "This important partnership is based on...
Posted on July 15, 2009 1:05 PM
Three months after China batted down Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd., people are still speculating about what it means for M&A in the country. U.S. Federal Trade Commissioner William E. Kovacic is the latest to weigh in. Speaking to reporters in Beijing, Kovacic,...
Posted on July 7, 2009 1:35 PM
In March, citing a possible deterioration of competition, China's Ministry of Commerce blocked Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd., the country's No. 1 juice maker. That left Huiyuan looking for partners and Coke might just be that partner. The Wall Street Journal, citing unnamed...
Posted on April 23, 2009 4:30 PM
As its earnings report showed a 10% drop in net income for the first quarter, Coca-Cola Co.'s (NYSE:KO) president and chief executive Muhtar Kent is very confident about the beverage giant's position in the global economic downturn. And with the $2.4 billion it has after a failed bid for China...
Posted on April 22, 2009 3:54 PM
Less than a month ago, China's Ministry of Commerce blocked Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd., the country's No. 1 juice maker. Authorities cited a possible deterioration of competition. That leaves Huiyuan still looking for partners, and it says several parties are interested in...
Posted on April 16, 2009 4:25 PM
There's been plenty of speculation about what China's rejection of Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd. says about how open the country is to foreign investors and M&A. For some perspective, we checked in with Anil Gupta, author of "Getting China and India Right."...
Posted on March 25, 2009 12:20 PM
Earlier, we reported China's rejection of Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd. Granted, the world's largest beverage company is based in the U.S., but China's move could add fuel to the fight over the proposed sale of assets and stock in Australia's Rio Tinto...
Posted on March 18, 2009 3:09 PM
China's rejection of Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd. gives an indication about just how open China is willing to become to foreign investment and M&A. The country's Ministry of Commerce denied Coca-Cola's acquisition, which would have been the largest-ever foreign purchase of a...
Posted on March 18, 2009 11:21 AM
With so many companies scaling back, it's nice to hear about one charging ahead, even if it is in China -- which is where Coca-Cola Co. (NYSE:KO), plans to invest $2 billion over three years. The Wall Street Journal China blog put the number in context, noting that from 1979...
Posted on March 6, 2009 3:04 PM
Now that Coca-cola Co. has completed its application with the Chinese Ministry of Commerce for anti-monopoly approval of its $2.4 billion bid to acquire China Huiyuan Juice Group Ltd., what's the prognosis for the deal? For perspective, we turned to Anil Gupta, professor of strategy at the University of Maryland's...
Posted on December 5, 2008 3:11 PM
The Deal's Matt Miller said to panelists at The Deal's M&A Outlook 2009 conference: "We've been talking primarily about inbound investment to the U.S. Let's reverse ourselves and look at outbound M&A. How has this been affected by the financial meltdown? Are we still seeing interest in investing in...
Posted on November 11, 2008 2:10 PM
`On Wednesday we observed that Coca-Cola Co.'s proposed acquisition of China Huiyuan Juice Group Ltd. for $2.4 billion will be a regulatory trailblazer in that country. Since then there's been a lot more coverage of the topic, and opinion on how Coke will fare with Chinese authorities varies widely. The...
Posted on September 5, 2008 10:52 AM
Ever since China established new regulations governing acquisitions by foreign entities two years ago, there's been talk about the wide latitude the rules give officials -- and speculation about how they'll be applied. With Wednesday's news that Coca-Cola Co. intends to buy China Huiyuan Juice Group Ltd. for $2.4 billion,...
Posted on September 3, 2008 10:05 AM
More interesting international moves from Coca-Cola Co. Coke just downed Danish brewer Carlsberg A/S' two mineral water brands, Kildevæld and Kurvandin, in a deal worth $225 million. Through the deal Coca-Cola also acquires the soft drink brand Hyvaeae Paeivaeae and enters into a license agreement regarding the energy drink Battery...
Posted on June 27, 2008 3:39 PM
On Thursday, Coca-Cola Co. and Illycaffè SpA finalized a global joint venture, Ilko Coffee International, and will introduce three ready-to-drink, or RTD, coffee products in several European countries in April. The products are Caffè, the first RTD coffee to offer black (no milk) espresso-based coffee, Cappuccino and Latte Macchiato. Caffeine fans...
Posted on March 27, 2008 4:01 PM
We've been keeping up with beverage giant Coca-Cola Co., telling you about its deals (Honest Tea, Glaceau, etc.) and corporate strategy. But make no mistake: The company thinks it can meet its long-term growth goals (revenue growth of 5% to 6% is one) organically. In this report, chief financial officer...
Posted on February 22, 2008 5:33 PM
Coca-Cola Co. beat analyst expectations, reporting a fourth-quarter net income increase to $1.21 billion from $678 million in the previous quarter. The boost: soda sales in the emerging markets, a weak dollar and the noncarb drinks it has...
Posted on February 13, 2008 1:12 PM
In the competition for market share in the noncarbonated beverage market, Coca-Cola Inc. has made another move to catch up with rival, PepsiCo Inc. Atlanta-based Coke just took a 40% stake in Honest Tea Inc., a maker of certified organic beverages, for about $43 million and has the option to...
Posted on February 5, 2008 5:36 PM
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