Coke to Buy Full Control of Danone Water Unit
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From Dow Jones/Associated Press
Groupe Danone said Coca-Cola Co. would take full control of a joint venture that distributes Evian, Sparkletts and Dannon bottled water in North America.
Under a revised agreement, Coke would buy out the French food company’s 49% interest in the venture. The price of the transaction was not disclosed.
