Coca-Cola Co. to buy Chinese juice maker
Coca-Cola filed the documents last week, Kenth Kaerhoeg, spokesman for Coca-Cola Asia, said in a phone interview Monday. The U.S. company had offered ($2.3 billion) to buy Huiyuan, the companies said Sept. 3.
The acquisition of China's biggest maker of fruit juice by market share would be the biggest overseas purchase by Coca-Cola as it tries to boost its share of non-carbonated drink sales.
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