As part of the agreement reached with local regulators, Coca-Cola Co (NYSE:KO) will offload its stake in the South African bottling plant for $669 million. The local investors get a stake in the bottling plant at a discounted rate. The sale of a stake in the bottling plant helps the American drinks giant to comply […]
Coca-Cola Co (NYSE:KO)
Coca-Cola (NYSE:KO) CEO Says They Need To Adapt To Uncertainties Due To The Pandemic
Coca-Cola Co. (NYSE:KO) CEO and Chairman James Quincey indicated that the beverage company should be flexible in the wake of uncertainties due to COVID-19. Quincey said that the company is seeing some great growth opportunities and that almost all Costa stores have reopened. COVID-19 causing uncertainties In an interview with Bloomberg’s Guy Johnson and Alix […]
Coca-Cola Co (NYSE:KO) Inks A Pact With Molson Coors Beverage Co (NYSE:TAP) To Introduce Topo Chico Hard Seltzer In Four Flavors In The US
Coca-Cola Co (NYSE:KO) entered a pact with Molson Coors Beverage Co (NYSE:TAP) to unveil Topo Chico Hard Seltzer in four flavors: Strawberry Guava, Exotic Pineapple, Tangy Lemon Lime, and Tropical Mango in the US. Topo Chico joins the hard seltzer portfolio in the US. The demand for hard seltzer and sparkling water is robust, and […]
Coca-Cola Co (NYSE:KO) Expects To Prune Its Business Units To 9 From 17 In 4 Geographies And Offer A Buyout To 4,000 Employees: Focus On Sports Drinks, Teas And Coffees
Coca-Cola Co (NYSE:KO) is reorganizing its business units. It plans to focus on popular segments such as products that include Teas, Coffees, Sports Drinks, and the Coca-Cola line. However, it will expand the growing products that include plant-based drinks and sparkling water. The company intends to cut 4,000 jobs across the world. Those who joined […]
