date:Aug 19, 2014
The Coca-Cola Company is acquiring a 16.7% stake in international energy drinks producer Monster Beverage Corporation for $2.15 billion as part of a long-term strategic partnership designed to accelerate growth for both companies. The agreement is expected to close at the end of 2014 or the beginning of 2015 following regulatory approvals.
To align product portfolios and enable those portfolios to benefit from each companys respective strengths, The Coca-Cola Company will transfer ownership of