2nd UPDATE: Coca-Cola To Buy Huiyuan Juice Group For US$2.4B
HONG KONG (Dow Jones)–Coca-Cola Co. (KO) said Wednesday it plans to buy beverage
producer China Huiyuan Juice Group Ltd. (1886.HK) for US$2.4 billion, in what
will be the Atlanta-based company’s second-biggest acquisition ever.
Coca-Cola’s offer sounded high to analysts, but they said the company has to pay
a big premium to expand further into China’s increasingly competitive beverage
market. In [...]



