Coke Bottler Sells Sugar Amid Venezuela Shortage, Mundo Reports
Coca-Cola Femsa SAB’s Venezuela unit sold 1,500 metric tons of sugar to local packagers after the government asked the company to help alleviate a shortage, El Mundo reported.
The unit, which bottles Coca-Cola soft drinks in the South American country, sold the sugar at government-set prices, the Caracas-based newspaper reported, citing Rodrigo Anzola, the company’s legal director. The sale won’t affect output, El Mundo said.
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