Coca-Cola Beverage Company Korea, has acquired 100% of Hankook Beverage, an unlisted peer, reported Money Today.
According to Coca-Cola Beverage’s press release, the company made the acquisition in order to strengthen its non-carbonated beverage business.
The report in Money Today valued the deal at KRW 14.3bn (USD 12.5m).
Coca-Cola Beverage Company Korea is a joint beverage making unit of LG Household and Healthcare and Coca Cola.
(Source: Money Today)
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