⁍ 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, Bloomberg reported.
⁍ A deal would be the largest acquisition of 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 acquisition of an Australian company this year, sources tell Bloomberg. The sources say details of the deal haven’t yet been finalized, but it could be announced within days. Coca-Cola European Partners is the world’s largest independent bottler of Coca-Cola, and it owns a 19.11% stake in the company, per Reuters.
Source: https://www.reuters.com/article/us-coca-cola-amatil-m-a-coca-cola-euro/coca-cola-european-partners-in-talks-to-buy-coca-cola-amatil-bloomberg-idUSKBN2790IT