CCEP Makes $6.6bn Takeover offer for Coca-Cola Amatil

CCEP Makes $6.6bn Takeover offer for Coca-Cola Amatil

Coca-Cola European Partners (CCEP) has agreed to buy Australian peer Coca-Cola Amatil for AUD 9.28 billion ($6.62 billion approx.). The Australian bottler is backing the takeover proposal – which Reuters says prices the firm below its market valuation in February –...
Diageo launches Alcohol-free Variant of Guinness

Diageo launches Alcohol-free Variant of Guinness

Diageo is launching a new alcohol-free variant of its flagship Guinness beer in Great Britain later this month, following a four-year development process. The brand says Guinness 0.0 “boasts the same beautifully smooth taste, perfectly balanced flavour and unique dark...