Aboitiz, partner finalize P100-B Coca-Cola Philippines takeover

MANILA, Philippines  —The Coca Cola brand officially joins the Aboitiz Group investment portfolio after the Philippine conglomerate and its European partner completed the P100-billion buyout of the beverage giant on Friday. Aboitiz Equity Ventures Inc. (AEV), one of the country’s biggest companies, acquired 40 percent of Coca Coca-Cola Beverages Philippines Inc. while its partner, Coca-Cola
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