FEMSA to Buy 51 Percent of Coke Philippines
date:Dec 17, 2012
es.

As part of the agreement, Coca-Cola FEMSA will have an option to acquire the remaining 49 percent of CCBPI at any time during the seven years following the closing and will have a put option to sell its ownership to The Coca-Cola Company any time during year six. The transaction is expected to close in early 2013.

The Philippines market represents an expansion of Coca-Cola FEMSAs bottling footprint beyond Latin America, reinforcing its exposure to fast growing economies and its commitment
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