Coca-Cola to Sell Korean Bottling to LG Print
Tuesday, 21 August 2007 18:00
Coca-Cola Amatil is close to finalizing the selling of its Korean bottling operation to LG Household & Health Care in Korea. LG plans to use the purchase to launch into the green tea and health-focused beverage business. Revenue in South Korea's beverage industry has declined for the past two years because of slower demand and higher costs.
Source: The Sydney Morning Herald
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