Search Results for: Coca-Cola
Coca-Cola was sued for downplayed sugar effects
January 5th, 2017
Coca-Cola, ABA Accused of Tobacco-Like Deception in Lawsuit Federal court complaint alleges Coke downplayed sugar effects Sugary drinks ‘are scientifically linked to obesity, diabetes’ Coca-Cola was sued by activists who compare the beverage giant’s advertising tactics to the tobacco ...
Coca-Cola buys AB InBev equity stake in CCBA for $3.2 Billion
December 21st, 2016
The Coca-Cola Company (NYSE: KO) and Anheuser-Busch InBev (“AB InBev”) (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (“CCBA”) for 3.15 billion ...
SABMiller, Coca-Cola merge African bottling arms
November 27th, 2014
Brewer SABMiller, Coca-Cola and the South African Gutsche family have agreed to combine their non-alcoholic bottling operations in southern and eastern Africa, a $2.3bn deal long rumoured to be in the offing. The new combined bottler, Coca-Cola Beverages Africa, ...
Monster’s 1.3bn deal with Coca-Cola under Skadden and Jones Day advice
August 18th, 2014
Coca-Cola Company gets advise from Skadden Arps Slate Meagher & Flom and Jones Day, among other, for its deal with energy drink business Monster. The global drinks brand is also to pay $2.15bn (£1.3bn) in exchange for a 16.7 ...
Coca-Cola’s 1Q profit dips, but more drinks sold
April 15th, 2014
Coca-Cola’s first-quarter profit fell nearly 8 percent as the world’s biggest beverage maker faced a stronger dollar and made structural changes abroad. But the company sold more of its drinks worldwide, and its earnings matched expectations. The Atlanta-based company ...
What to watch in European stocks
October 23rd, 2018
Here what investors watch ahead of the market open in Europe: Unprecedented Steps Italy continues to hog attention in European markets, and there’s no reason Tuesday should be any different. After the government continued a staunch defense of its ...
Aussie dollar tumbled, Kiwi extended a slide, Gold fell 0.3 percent, Japan’s Topix index rose
October 25th, 2017
Gains in Asian equities stalled at recent highs, while optimism in the world economy and encouraging earnings reports buoyed the dollar and bond yields. The Australian dollar sunk to its lowest since July after inflation data damped the outlook ...
Yen and Kiwi fell, the Euro was down; Key events coming up this week
October 23rd, 2017
A landslide election victory for Japan Prime Minister Shinzo Abe sent the yen down and stocks in Tokyo higher, with the path paved for a continuation of loose monetary policy. With Abe now in good political shape ahead of ...
India may introduce a fat tax on junk food
January 16th, 2017
Fat tax in works: If Narendra Modi approves, everything from Maggi to pizzas could fall in net The government may introduce a fat tax on junk food and sugary beverages in the upcoming budget, say various media reports. The ...
Bitcoin becoming regulated currency in the European Union
April 27th, 2016
Slovenian startup Bitstamp just did something that no other digital currency startup was able to do – launch the first nationally licensed Bitcoin exchange (BitEx). As it usually goes, the startup could not receive a license in its home country, so ...