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Coca-Cola (KO) Invests South of the Border
Beverage-maker Coca-Cola (KO) announced yesterday that they have plans to invest $1 Billion dollars in developing the brand in Mexico. This investment plan includes new beverage plants and the hiring of 10,000 additional workers.
This news comes as global companies have come under fire for exploiting cheap labor and lax employment regulations abroad. However, Coca-Cola has preemptively hit back at...
Coca-Cola Purchases Half Of Aujan Industries for $980 Million (NYSE: KO)
The Coca-Cola Co. is paying roughly $980 million for half of Saudi Arabian beverage company Aujan Industries. Under the terms of the deal, Coca-Cola receives a 50% stake in the branch of Aujan that holds the rights to the company’s brands and 49% of its distribution company. The deal does not include Aujan’s manufacturing and distribution business in Iran.
This transaction will better...