Coca-Cola Amatil (Amatil) is putting its sale to Coca-Cola European Partners (CCEP) to the vote next month, and the company has told shareholders the deal is as good as it gets, warning that share prices could fall if it doesn’t go ahead.
Coca-Cola Amatil does not expect any major changes to its recently-published 20-year sustainability plan even if its takeover transaction with Coca-Cola European Partners (CCEP) plays out as planned and ownership of the firm changes.
Coca-Cola European Partners' Topo Chico Hard Seltzer launch in Europe signals the start of a new strategy in alcohol. And the bottler hopes its proposed acquisition of Coca-Cola Amatil will give it insights for success in the category.
Coca-Cola European Partners (CCEP) has made a non-binding proposal to acquire Coca-Cola Amatil, the Coca-Cola bottler in Australia, New Zealand and Indonesia.
Coca-Cola Amatil has completed a minority investment in digital asset payment platform Centrapay. The two companies are already working together on cryptocurrency vending machines.