Coca-Cola puts new takeover law to the test
By Zhou Yan | China 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 China 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 China Huiyuan Juice may help the US company achieve dominance in China's beverage market. But analysts remain skeptical because of the many hurdles that could threaten to rock the marriage.
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