Mexican firm buys 51% of Coca-Cola unit in PH for $688.5M
By Doris C. DumlaoMEXICO-based global bottling giant Coca-Cola Femsa has signed a deal to acquire 51 percent of the country’s leading carbonated beverage-maker Coca-Cola Bottlers Philippines Inc. (CCBPI) for $688.5 million in cash.
