Coke in talks to buy Glaceau: report

Related Topics

Tue Apr 24, 2007 3:02pm EDT

NEW YORK, April 24 (Reuters) - Coca-Cola Co. (KO.N) is in serious talks to acquire all or part of vitamin water maker Glaceau, industry publication Beverage Digest reported on Tuesday.

Quoting sources, Beverage Digest said negotiations are ongoing and that some points of the deal still needed resolving. The newsletter also said sources suggested that Coke may want to announce the deal when its North American bottlers meet in Atlanta next month, or right before.

Coke declined to comment and Glaceau, which is 30-percent owned by India's Tata Tea Ltd. TTTE.BO, could not immediately be reached.

((Reporting by Martinne Geller, editing by Martin Golan; Reuters messaging: martinne.geller.reuters.com@reuters.net; martinne.geller@reuters.com; +1 646 223 6023)) Keywords: GLACEAU COCACOLA/

(C) Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nN24424466

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.