- Breaking News San Mateo County ninth-graders struggle to stay fit
- Breaking News Food and wine events
- Breaking News Ask Amy: What To Do When the Doctor Isn t in the House
- Breaking News Ed Blonz: Keep your diet normal pre-surgery
Chinese firms try to block Coke's juice company takeover: report
0 Comments | AFP, September, 2008
SHANGHAI (AFP) — A group of Chinese drinks makers are to submit plans to the government they hope will block Coca-Cola's takeover of China Huiyuan Juice Group, state media reported Monday.
A consortium has prepared three plans and handed them to the Ministry of Commerce to keep the Huiyuan brand in Chinese hands, the Beijing Morning Post reported, citing an unidentified official at one of the companies.
The ministry says it will review the proposed 2.4 billion-dollar friendly takeover of the Hong Kong-listed company, according to the principles of a market-oriented economy.
If approved, the takeover would be the largest by a foreign firm of a Chinese company and Coca-Cola's second largest acquisition ever.
Commerce ministry officials were not...
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Portfolio forecasting tools: what you need to know
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Fighting financial reporting fraud
- Personality and organizational citizenship behavior
- Locational determinants of foreign direct investment in an emerging market economy: Evidence from Turkey
- SAS #82: sword or shield?
- Taylor Fund L.P. Gains 40.53% in Third Quarter