French Court Backs Move To Block Coca-Cola Deal

Article Abstract:

The highest administrative court in France upheld a decision by the government to block Coca-Cola's proposed $825 million acquisition of Orangina from Pernod Ricard SA. The French government blocked the acquisition in September, 1998, ruling it to be anticompetitive. Coca-Cola announced the planned acquisition of Orangina in December, 1997. The soft drink company says the deal is not dead.

France, Coca-Cola Co. (Atlanta, Georgia), Abstract, Orangina, Pernod Ricard S.A.

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PepsiCo expects further delays on Quaker buyout

Article Abstract:

Antitrust regulators are continuing to raise concerns about the planned acquisition of Quaker Oats Co. by PepsiCo Inc. The proposed deal is worth $14.02 billion (16.47 billion euros).

United States, Bottled and canned soft drinks, Grain Mill Products, Grain and Oilseed Milling, Antitrust law, Grain industry, Beliefs, opinions and attitudes, Quaker Oats Co., PepsiCo Inc., PEP, OAT, Grain products

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