In a bid to lower costs and consolidate on its profits, US based Coca-Cola is in merger talks with three other Coca-Cola bottlers in Europe and hopes to consolidate its operations throughout the Europe through this merger deal.
Coca-Cola Enterprises is currently in merger talks with Coca-Cola Iberian Partners as well as Coca-Cola Erfrischungsgetränke AG; although the exact terms of the merger could not be ascertained at the moment, market specialists believe the deal would run in billions of dollars.
Based in Atlanta, Georgia, Coca-Cola Enterprises has a market value of about $10.8 billion in Western Europe, and even though it owns the German business, the Coca-Cola Iberian Partners has value that is near to that of the US based company – and it is independent of the other.
The overall success of the merger talks depends on how well the partners agree to the terms of the deal, and the participants might decide to drop the idea and forget the deal if they choose before signing the paper.
Full content: Yahoo! News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI