Coca-Cola to buy Serbian juice firm

Coca-Cola to buy Serbian juice firm
Coca-Cola to buy Serbian juice firm

EU regulators said Friday that The Coca-Cola Co. and the Coca-Cola Hellenic Bottling Co. could go ahead with their plans to buy Serbian fresh juice producer Fresh and Co.

Antitrust officials saw no competition problems and received no complaints from rivals, according a list of regulators' approvals published Friday.

The net amount to be paid for the purchase is Ђ 19.5 million (US$23.5 million) but Coca-Cola HBC said in December that the final purchase price was subject to certain adjustments and includes the settlement of some of Fresh and Co.'s financial obligations, reports the AP.

I.L.

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Author`s name: Editorial Team