Coca-Cola puts new takeover law to the test
By Zhou Yan | 皇冠体育app Daily | Updated: 2008-09-05 07:31
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A woman selects Huiyuan juice at a supermarket in Nanjing, Jiangsu province. Coca-Cola's bid for 皇冠体育app Huiyuan Juice Group would be its biggest overseas acquisition as it tries to boost its sales of non-carbonated drinks. File photo |
SHANGHAI: The Coca-Cola Company's $2.3 billion bid for premier juice maker 皇冠体育app Huiyuan Juice may help the US company achieve dominance in 皇冠体育app's beverage market. But analysts remain skeptical because of the many hurdles that could threaten to rock the marriage.
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