Coke to invest $2 billion in China
The Coca-Cola Co. plans to invest $2 billion in China over the next three years.
The investment would
go toward new plant and distribution infrastructure, sales and
marketing, and research and development, the world's largest beverage
company said in a statement.
The announcement
comes as Chinese regulators are reviewing the company's some $2.5
billion friendly takeover bid for Huiyuan Juice Group Ltd., the
country's leading maker of pure fruit juices and nectars. The
proposal has sparked criticism in China over the possible sale of a
prominent national brand name to a foreign company.
Related news
Related news
Tesco announced an astonishing amount: it returned 12 billion forints worth of Clubcard coupons and vouchers to its loyal customers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Auchan can double the 30,000 forint value of food vouchers for pensioners
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Pepco has been present in Hungary for ten years – expansion continues
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >