Post-Chavez Venezuela as Chilly for Cos. From P&G to CokeDavid Biller, Corina Pons and Randall Woods
In his last year as president, Hugo Chavez ordered Coca-Cola Femsa SAB and other beverage makers to cut prices, seized a local steel company’s assets and tightened currency controls that may cost Procter & Gamble Co. $275 million. Doing business in Venezuela isn’t likely to get easier under his successor.
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