Banner
Falorni Tech Glass Melting Technology
Filtraglass

San Miguel: Coca-Cola Amatil talks continue

Coca-Cola Amatil Ltd. the Australian soft drinks bottler, said that discussions are continuing over the possible sale of its Philippines business to its two largest shareholders, Coca-Cola Co. and San…

Coca-Cola Amatil Ltd. the Australian soft drinks bottler, said that discussions are continuing over the possible sale of its Philippines business to its two largest shareholders, Coca-Cola Co. and San Miguel Corp. But Coca-Cola Amatil declined to elaborate on how close the parties are to any agreement following fresh media speculation that a deal has been struck. A source said that San Miguel, the Philippine food and beverage group, and Coca-Cola Co. are set to acquire stakes of 65% and 35%, respectively, in Coca-Cola Bottlers Philippines Inc.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news