Jul
31

Coca-Cola Enterprises Shares Jump on Report of Three-Way Merger

By

An employee inspects bottles at Coca-Cola Enterprises Ltd.'s bottling plant in Sidcup, U.K.

An employee inspects bottles at Coca-Cola Enterprises Ltd.’s bottling plant in Sidcup, U.K.

Photographer: Chris Ratcliffe Bloomberg

Coca-Cola Enterprises Inc., an independent bottler of Coke products in Europe, rose as much as 9.6 percent in extended U.S.TRADING ON a report that it’s considering a three-way merger with two other bottlers.

The company is in advanced talks with Coca-Cola Erfrischungsgetränke AG in Germany and Coca-Cola Iberian Partners, which serves Spain and Portugal, according to the Wall Street Journal. The deal could be valued in the billions of dollars, the newspaper said

Coca-Cola Enterprises Shares Jump on Report of Three-Way Merger

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.