Zhuhai Zhongfu Hasn’t Received Notice From Parent on Acquisition
March 7 (Bloomberg) --Zhuhai Zhongfu Enterprise Co.’s parent says neither Coca-Cola Co. (KO) nor China Resources Holdings Co. has made a written approach seeking a stake in the bottle maker, according to Shenzhen Stock Exchange filing.
Zhuhai Zhongfu said today its parent has never had talks to sell a stake to third parties, and doesn’t plan to sell its holding within three months.
Coca-Cola and China Resources Holdings Co. both aim to acquire Zhuhai Zhongfu, National Business Daily reported yesterday, citing speculation posted on blogs.
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