亚洲之色之久久色,青青操精品在线观看

Coca-Cola's bid for Huiyuan under review

(Agencies)
Updated: 2008-12-02 14:35

The Chinese government is conducting a routine anti-monopoly review of Coca-Cola's multi-billion-dollar takeover bid for the Huiyuan Juice Group, the two companies said in a joint statement.

"The application under (China's) Anti-Monopoly Law has been submitted to the Ministry of Commerce. The approval process is progressing and we are working in full cooperation with the Ministry of Commerce," said the statement.

Coca-Cola's bid for Huiyuan under review

Coca-Cola announced in September plans to buy Hong Kong-listed Huiyuan, which controls more than 40?percent?of the Chinese market for pure juice,?for $2.4 billion.

If approved, it would be Coca-Cola's largest acquisition in China and, according to analysts, the biggest ever foreign takeover of a Chinese firm.

The anti-trust review is required by Chinese rules as the combined global turnover of the two firms was more than 10?billion yuan ($1.45 billion) in 2007, and as they each made over 400 million yuan in China.

The commerce ministry has said it would review the takeover according to the principles of a market-oriented economy.

Analysts have said the planned deal is a litmus test of China's anti-monopoly law that took effect in August.

The bid has until March 23 to pass the review, according to the statement.

Key Meetings

Key Reform Theories

Development Blueprint

国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频