Latest Huiyuan Juice Stories
Chinese officials said Thursday that turning down Coca-Cola's bid to buy Huiyuan Juice Group was not a protectionist maneuver. Products of the Coca-Cola company are available anywhere in China's market.
Coca-Cola plans to seek approval for its $2.5 billion bid for the juice maker Huiyuan under China's antitrust law, the final obstacle to what would be the largest foreign takeover of a Chinese company.
The Coca-Cola Company announced today its intention to make cash offers to purchase China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China.