Coca Cola’s Monster Investment

Coca Cola’s Monster Investment

The global drinks brand is also to pay $2.15bn (£1.3bn) in exchange for a 16.7 per cent stake in Monster, gaining two seats on the its board of directors.

The deal involves Coca-Cola transferring its global energy drinks business to Monster. In exchange, Monster will pick up Coca-Cola’s non-energy drinks business which includes Peace Tea and Hansen’s Natural Sodas.

Added on: August 18th, 2014

Category: CORPORATE, MONEY, NEWS

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