{"id":28447,"date":"2014-08-15T08:22:40","date_gmt":"2014-08-15T12:22:40","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=28447"},"modified":"2014-08-15T08:22:40","modified_gmt":"2014-08-15T12:22:40","slug":"the-coca-cola-company-nyseko-moving-ahead-with-expansion-plans","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/the-coca-cola-company-nyseko-moving-ahead-with-expansion-plans-28447","title":{"rendered":"The Coca-Cola Company (NYSE:KO) Moving Ahead With Expansion Plans"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/15\/2014 (wallstreetpr) \u2013 <strong>The Coca-Cola Company (NYSE:KO)<\/strong> is busy making significant plans in expanding its presence in the <a href=\"http:\/\/www.forbes.com\/sites\/maggiemcgrath\/2014\/08\/14\/coca-cola-buys-stake-in-monster-beverage-for-2-billion\/\">beverage<\/a> world. Going few months back, it had announced that it will acquire Green Mountain Coffee. Taking a step further, it has said that will get 16.7% stake in <strong>Monster Beverage Corp (NASDAQ:MNST)<\/strong>. The stake is valued at $2.15 billion.<\/p>\n<p style=\"text-align: justify;\"><strong>The deal<\/strong><\/p>\n<p style=\"text-align: justify;\">Coke has plans to acquire a 16.7% stake in Monster for which it will pay $2.15 million in net cash. It will also be eligible to get the two seats in Monster\u2019s Board of Directors. Coke will get the shares of Monster\u2019s common stock. The coming together of two companies will help them to align their product portfolio. It will enhance their distribution abilities.<\/p>\n<p style=\"text-align: justify;\">In the deal, Coke will also give the ownership of its energy business to Monster. It will include the drinks like Burn, Full Throttle and Power Play. At the same time, Monster will give its non-energy business to Coco-Cola. It will include the drinks like Peace Tea, Hansen\u2019s Natural Sodas and Hubert\u2019s Lemonade.<\/p>\n<p style=\"text-align: justify;\"><strong>The objectives<\/strong><\/p>\n<p style=\"text-align: justify;\">Muhtar Kent, Chairman and the CEO of Coke, said that the new stake is a way to enhance its participation in global beverage world. Monster has remained an integral part of Coca-Cola\u2019s global system since 2008. Monster has got the experienced and proven entrepreneurial culture. The association will lead to an increased value for Coke and its shareholders.<\/p>\n<p style=\"text-align: justify;\">Monster said that it was delighted to be a part of the new deal where is will access to the distribution streams. It will be the exclusive energy play for Coke. The strong portfolio of Coke and Monster will provide new expansion channels in various geographies in the world. It will accelerate the pace of growth internationally. The stake purchase is expected to close by late 2014 or maximum in early 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/15\/2014 (wallstreetpr) \u2013 The Coca-Cola Company (NYSE:KO) is busy making significant plans in expanding its presence in the beverage world. Going few months [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":8885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[7970,1670,2760],"stock_ticker":[],"class_list":["post-28447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-muhtar-kent","tag-nyseko","tag-the-coca-cola-company-nyseko","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Coca-Cola Company (NYSE:KO) Moving Ahead With Expansion Plans - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/the-coca-cola-company-nyseko-moving-ahead-with-expansion-plans-28447\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Coca-Cola Company (NYSE:KO) Moving Ahead With Expansion Plans - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/15\/2014 (wallstreetpr) \u2013 The Coca-Cola Company (NYSE:KO) is busy making significant plans in expanding its presence in the beverage world. 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