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Coca-Cola to invest $1 billion in Argentina over next four years

2016-01-22 00:30:08| Beverages - Topix.net

Coca-Cola CEO Muhtar Kent told Argentine President Mauricio Macri of the spending plan when the two met at the World Economic Forum in Davos, where Macri has been courting chief executives with a message that Argentina is open for business. Macri, who took office on Dec.10, has dismantled capital controls and unified the country's currency exchange rate, overseen the easing of some banking regulations and resumed negotiations with holdout creditors as part of a drive to restore investors' battered confidence.

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