Swire Pacific Buys U.S. Distribution Rights From Coca-Cola Refreshments for US$106 Million
December 09 2015 - 3:57AM
Dow Jones News
By Anjie Zheng
HONG KONG--Swire Pacific Ltd. (0019.HK) said after trading hours
Wednesday its unit Swire Coca-Cola USA will buy the rights to
distribute in Denver, Colorado Springs and Arizona from Coca-Cola
Refreshments USA, Inc. for US$106 million.
The Hong Kong conglomerate said in an exchange filing the
acquisition will expand the company's beverage business in the
U.S.
Write to Anjie Zheng at anjie.zheng@wsj.com
(END) Dow Jones Newswires
December 09, 2015 03:42 ET (08:42 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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