|
CHINA> National
![]() |
|
Coca-Cola purchase of Huiyuan 'still under antimonopoly review'
(Xinhua)
Updated: 2009-03-16 23:03 BEIJING - Ministry of Commerce (MOC) spokesman Yao Jian said Monday that Coca-Cola's bid to acquire China Huiyuan Juice Group was still being reviewed, with reference to an anti-monopoly law that took effect last year. Yao told reporters that the ministry's investigation and review of the proposed transaction, which started November 20, would finish on March 20.
That law was passed in 2007 and took effect on August 1, 2008. Yao said the MOC would consider whether the acquisition would disturb market competition or harm rival enterprises or consumers. On September 3, Coca-Cola offered to buy Huiyuan, the nation's largest juice maker, for 17.92 billion Kong Kong dollars (US$2.3 billion) in cash. Coca-Cola, the world's largest soft drink maker, said on March 6 it would invest more than 2 billion U.S. dollars over the next three years in China to build new bottling plants and distribution infrastructure. |
|||||
定州市| 白朗县| 调兵山市| 东兴市| 苍梧县| 许昌县| 鸡西市| 湘西| 荔波县| 桂阳县| 通化县| 普兰县| 兰考县| 抚宁县| 巴东县| 读书| 隆安县| 东港市| 马关县| 清丰县| 石柱| 隆回县| 彰化县| 长沙县| 台湾省| 上犹县| 子洲县| 建湖县| 大邑县| 桃园县| 舟山市| 红原县| 山西省| 卢氏县| 岑巩县| 密云县| 永定县| 阳朔县| 灵台县| 延庆县| 呼玛县|