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Coca-Cola buys stake in Monster

2014-08-15 03:06:02| BBC News | Business | UK Edition

US drinks giant Coca-Cola buys a 16.7% stake in Monster Beverage in a cash deal, as it looks for growth away from fizzy drinks.

Tags: monster buys stake cocacola

 

US: Coca-Cola Co secures stake in Monster Beverage Corp for US$2.15bn

2014-08-15 02:44:37| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co is to hand its energy portfolio to Monster Beverage Corp after agreeing to pay US$2.15bn for a 16.7% stake in the energy drinks company.

Tags: corp monster beverage stake

 
 

Jana Buys FMC Stake, Adds to AIG, Exits Sirius Last Quarter

2014-08-15 02:19:53| Chemicals - Topix.net

Jana Partners LLC, the $10 billion hedge-fund firm run by Barry Rosenstein, bought shares of FMC Corp. and exited stakes in Sirius XM Holdings Inc. and Juniper Networks Inc. during the second quarter.

Tags: quarter adds jana buys

 

Coca-Cola Buys Stake In Monster Beverage For $2 Billion

2014-08-15 00:38:32| Beverages - Topix.net

Rodney Sacks, CEO of Monster Beverage. The Coca-Cola Company will take a 16.7% stake in Monster, the companies announced Thursday afternoon.

Tags: billion monster beverage buys

 

Coca-Cola bets on energy drinks with Monster stake

2014-08-15 00:38:31| Beverages - Topix.net

Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world's biggest soda maker hoping to benefit from the surging popularity of energy drinks.

Tags: energy monster drinks stake

 

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