CCI Approval: Kandhari Beverages proposal to acquire Coca-Cola's bottling arm gets nod
The Competition Commission of India (CCI) has approved Kandhari Global Beverages' proposal worth Rs 2,000 crore for the acquisition of Coca-Cola's bottling plants in north Gujarat and Diu.
As per the statement, the move aligns with Coca-Cola's global strategy of divesting assets and franchising regional operations to local partners.
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