Business Services Industry
Red ink as CCA pulls plug on bottler.
Australasian Business Intelligence, July, 2007
Byline: Fiona Tyndall
Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- LG Household & Healthcare is buying Coca-Cola Amatil's South Korean bottling operation. Under a preliminary understanding between buyer and seller, the embattled operation will be priced at between $A520 and $A545 million. This compares with a book value of $A700 million. The scale of any resulting write down by Coca-Cola Amatil will be moderated by exchange rate issues. Analysts welcome the Australian-listed soft drink company's sale of the division, which has recorded weak results for nine years.
Publication Date: 7 July 2007
COCA-COLA AMATIL LIMITED - ASX CCL
LG HOUSEHOLD AND HEALTH CARE LIMITED
COCA-COLA KOREA BOTTLING COMPANY LIMITED...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
