Coca Cola: In Search of non-Soda Success in China

By frog China - September 3, 2008

Just hours ago, it's reported that Coca-Cola offered HK$ 17.9 billion (about $ 2.3 billion) in cash to buy Huiyuan Juice Group (HKEx1886), China's biggest pure juice maker. In the statement to the Hong Kong Stock Exchange, Huiyuan Juice said, "The Coca-Cola Company is expecting to use its expertise as a global beverage company to further develop the Huiyuan Juice brand.

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