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World food news: Coke buys into Monster Beverage

NBR Food Industry Week
Mon, 18 Aug 2014

US: Coke buys stake in Monster Beverage
The Coca-Cola Company is making a cash payment of $US2.15 billion for a 16.7% stake in energy drinks leader Monster Beverage Corporation. Under the agreement, Coke will have two directors on Monster's board. Coke will transfer ownership of its worldwide

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NBR Food Industry Week
Mon, 18 Aug 2014
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World food news: Coke buys into Monster Beverage
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