U.S. soft-drink giant Coca-Cola Co. has offered to buy Hong Kong-listed beverage producer China Huiyuan Juice Group Ltd. in an all-cash deal valued at up to US$2.4 billion, according to a Dow Jones report on Wednesday.
Coca-Cola said it is offering HK$12.2 per Huiyuan share - or triple the stock's last closing price of HK$4.14 - in its biggest China acquisition by value to date, the report on the CNN Money website said.
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