⁍ Coca-Cola European Partners in advanced talks to acquire Australia’s Coca-Cola Amatil.
⁍ Details of the deal which has not yet been finalised could be announced within few days.
⁍ Deal would be the largest involving an Australian company this year.
– Australia’s Coca-Cola Amatil is in talks to be bought by Coca-Cola European Partners in what would be the biggest deal of the year for an Australian company, reports Bloomberg, citing “people familiar with the matter.” Coca-Cola Amatil’s shares were halted Thursday pending an announcement on a “potential material transaction,” per Reuters.
Source: https://www.reuters.com/article/uk-coca-cola-amatil-m-a-coca-cola-euro/coca-cola-european-partners-in-talks-to-buy-coca-cola-amatil-bloomberg-idUSKBN2790J3