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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
The stage is set. Just a couple of weeks after Muhtar Kent, CEO of Coca-Cola Co. (NYSE:KO) visited Shanghai to announce that Coke will invest $2 billion in China over the next three years comes word on a possibly -- make that probably -- related matter. Chinese regulators are expected...
Posted on March 16, 2009 9:38 AM
What are the working assumptions of Coca-Cola Co. CEO Muhtar Kent as he sets strategy for the beverage giant?Increasing costs for energy and foodstuffs, rapid urbanization (especially in China and India) and a global middle class that should add a billion members in the next 12 years, despite the current...
Posted on December 1, 2008 9:47 AM
`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
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