Cofco Unit Considers Sale of China Coca-Cola Bottling AssetsBy and
Company considers stakes sales in 10 bottling facilities
Swire Pacific is partner in half of facilties on sale
A unit of China’s Cofco Corp., the country’s biggest food company, is considering selling its Coca-Cola bottling assets, a move that would reshape its near duopoly on the mainland with Swire Pacific Ltd. since the U.S. beverage giant began to refranchise its bottling operations.
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