Saturday April 20, 2024 | Last Update: April 20, 2024 EDT
People familiar with the matter told Reuters that PepsiCo Inc. and the Coca-Cola Company are both in talks with Chobani LLC for a possible investment deal that will provide the Greek yogurt maker as much as $3 billion, including debt. The negotiations of both Pepsi and Coca-Cola show that beverage companies are trying to diversify beyond the carbonated beverage sector.
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The Coca-Cola Company announced in a press release the formation of a new National Product Supply System in the U.S. to facilitate optimal operations of the Coca-Cola bottlers in the country.
Muhtar Kent, chairman and CEO of Coca-Cola Company said, in an editorial published in The Wall Street Journal, that the company will be more transparent with its science and research investment.
The Coca-Cola Company has announced that James Quincy is appointed as president and chief operating officer of the company effective immediately, according to a press release issued by Coca-Cola.
The three European bottlers of Coca-Cola, Coca-Cola Enterprises, Inc., Coca-Cola Iberian Partners SA, and Coca-Cola Erfrischungsgetränke AG, has agreed to merge to form the largest Independent Coca-Cola Bottler in terms of net revenue, according to a press release issued by Coca-Cola Enterprises.
Apple beat out Coca-Cola Company on Interbrand's annual Best Global Brands list to become the most valuable company for 2013.
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