22 February 2007

Coca-Cola completes purchase of Philippines bottler

Coca-Cola purchased the 65 percent stake in Coca-Cola Bottlers Philippines Inc. from San Miguel, Southeast Asia's largest food and drinks group. Coca-Cola said it now has full ownership of CCBPI...

With the entry of non carbonated bottled drinks like C2 Iced Tea, things just went down for Coca Cola here in the Philippines.