Coke’s juicy China premium

[Joelle]

Coke's juicy China premium
      

Coke pulled off the single largest takeover in Chinese history overnight, offering to buy juice maker Huiyuan for three times what the company was worth. Braving a notoriously difficult foreign M&A environment, where the state dominates the corporate sector and pumps out reams of regulatory red tape and where nationalistic pride often triggers protests when [...]
         

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