Coca-Cola Europacific Partners (CCEP) confirmed it has, together with Aboitiz Equity Ventures Inc. (AEV), received regulatory approval from the Philippines Competition Commission (PCC) to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO). Further to the announcements on 2 August and 20 November 2023, CCEP on January 30, 2024, announced it has, together with AEV, received regulatory approval from the PCC, to acquire 100% of CCBPI from KO. The transaction is expected to close towards the end of February 2024.
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Other stock markets
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5-day change | 1st Jan Change | ||
67.3 EUR | +1.82% | +7.00% | +11.79% |
Apr. 25 | Transcript : Coca-Cola Europacific Partners PLC, Q1 2024 Sales/ Trading Statement Call, Apr 25, 2024 | |
Apr. 25 | Coca-Cola Europacific hails first quarter growth; increases payout | AN |
Stocks mentioned in the article
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Change
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5d. change
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Capi.
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67.3 EUR | +1.82% | +7.00% | 33.07B | ||
40.15 PHP | +0.37% | +3.08% | 3.9B | ||
EPS Revisions
1st Jan change | Capi. | |
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+11.79% | 33.07B | |
+3.38% | 241B | |
+5.25% | 20.93B | |
-.--% | 12.72B | |
+8.32% | 2.5B | |
-3.18% | 1.73B | |
+10.33% | 782M | |
+36.79% | 186M |
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- Coca-Cola Europacific Partners and Aboitiz Equity Ventures Inc. Receive Regulatory Approval from the Philippines Competition Commission to Jointly Acquire Coca-Cola Beverages Philippines, Inc