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
Justice Department Moves to End NCAA Transfer Rule
May 30, 2024 by
CPI
Kenya’s Competition Authority Proposes Tougher Regulations on Big Tech
May 30, 2024 by
CPI
KKR Secures EU Antitrust Approval for $24 Billion Acquisition of Telecom Italia’s Fixed-Line Network
May 30, 2024 by
CPI
European Court Sides with Tech Giants in Italian Regulatory Dispute
May 30, 2024 by
CPI
US Steel and Nippon Steel Secure International Approvals for $14.9B Merger
May 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI