Coca-Cola West to Fold in East Japan in $2.7 Billion Stock DealBy
Coca-Cola West to pay 0.75 shares for each of Coca-Cola East
East to delist after combination to form dominant bottler
Coca-Cola West Co. agreed to buy Coca-Cola East Japan Co. in a stock swap that values the target at about 270 billion yen ($2.7 billion) to improve efficiency amid intensifying competition in the country’s soft-drinks business.
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