Entries tagged "China Huiyuan Juice Group Ltd."
Politically charged deals in China and Australia suffer setbacks.
Billed as the biggest-ever foreign acquisition of a Chinese company, Coca-Cola Co.'s planned $2.4 billion purchase of China Huiyuan Juice Group Ltd. may be starting to fizzle. The China Securities Journal reported Tuesday that unnamed rival juicemakers were considering appealing to the government to block the transaction....
Soft drink maker Coca-Cola Co. [KO] took a big gulp in China with a $2.4 billion offer for China Huiyuan Juice Group Ltd. The move, which is intended to bring future dividends, didn't bring a smile to Coca-Cola investors on Wednesday as markets finished mixed on more pessimism in the financial sector and a continued gloomy outlook of the future of the economy. Overall, the Dow inched up 15.96, or .14%, to 11,532.88 while the Nasdaq closed down 15.51, or 0.66%, to 2,333.73. Here's a closer look of the performance of Deal Stocks on Wednesday:...
