CCLAF - Bottling blockbuster: Coca-Cola European Partners eyes Coca-Cola Amatil
Coca-Cola European Partners (CCEP) is in advanced talks to acquire Coca-Cola Amatil (CCLAF) in a deal that would be the largest involving an Australian company in 2020, according to Bloomberg.Shares of Coca-Cola Amatil were halted yesterday pending an announcement on a potential material transaction.Coca-Cola European Partners is the world’s largest Coca-Cola bottler by revenue, with 48 production sites in Germany, Spain, Great Britain and elsewhereCoca-Cola (KO) owns a 19.11% stake in Coca-Cola European Partners.Here is how Coca-Cola and the two bottlers have looked this year.
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Bottling blockbuster: Coca-Cola European Partners eyes Coca-Cola Amatil