Saturday 25 October 2014
 
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Coca cola

Coca-Cola pays $2.2bn for major stake in Monster

Coca-Cola is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp) as the world's largest soda maker seeks to expand into faster-growing categories such as energy drinks. Under the agreement

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UK firm Rexam buys into Saudi beverage cans maker

Beverage cans maker Rexam said it bought a 51 per cent stake in Saudi Arabia's United Arab Can Manufacturing, a supplier to The Coca-Cola, for $122 million as part of its strategy to expand in emerging markets. Rexam, which ma

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Saudi beverages group eyes $1bn sales

Aujan Industries, the largest privately-owned, independent soft drink company in the Middle East, has announced that its sales will pass the $1 billion mark in 2012, driven by organic growth in core markets and expansion into new markets.

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Saudi beverages group eyes $1bn sales

Aujan Industries, the largest privately-owned, independent soft drink company in the Middle East, has announced that its sales will pass the $1 billion mark in 2012, driven by organic growth in core markets and expansion into new markets.

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Beverage Partners plans JV drink expansion

The Coca-Cola Company and Nestlé said they have agreed to focus the geographic scope of their ready-to-drink tea joint venture Beverage Partners Worldwide (BPW) on Europe and Canada. In Taiwan and Hong Kong, The Coca-Cola Company will ente

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Beverage Partners plans JV drink expansion

The Coca-Cola Company and Nestlé said they have agreed to focus the geographic scope of their ready-to-drink tea joint venture Beverage Partners Worldwide (BPW) on Europe and Canada. In Taiwan and Hong Kong, The Coca-Cola Company will ente

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Saudi stocks surge to 4-month high

Saudi shares ended at a four-and-a-half month high, as gains in the food sector following a US stake purchase worth nearly $1 billion outweighed losses in petrochemical stocks on lower oil prices. The food sector index added 2.8 per cent,

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Coca-Cola backs women’s leadership forum

Coca-Cola Middle East has signed up be the sponsor of the third annual Women In Leadership Forum and Shamsa Bint Suhail Award for Creative Women to be held next month in Abu Dhabi. The forum and award ceremony will take place on November 2

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Coca-Cola profit up on strong growth abroad

Coca-Cola Company reported a higher quarterly profit on Tuesday, helped by strong growth in emerging markets. The world's largest soft drink maker, with brands like Sprite, vitaminwater and Powerade, reported net income of $2.80 billion, o

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Coke throws up giant iceberg surprise

A giant man-made iceberg, higher than a four-storey building and wider than a tennis court, set up as part of Coca-Cola’s refreshment campaign this year, has turned out to be a star attraction in Dubai. The iceberg which appeared 100 metre

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