Embotelladora Andina SA Signs Deal To Buy Companhia de Bebidas Ipiranga-Reuters

Wednesday, 10 Jul 2013 08:41pm EDT 

Reuters reported that Embotelladora Andina SA has signed an agreement to buy Brazilian Coca-Cola bottler Companhia de Bebidas Ipiranga in a transaction valued at 1.218 billion reais, or $539 million, Andina said. Andina's and Ipiranga's board of directors have approved the transaction, which is expected to be completed during the second half of 2013, the Chilean company said in a statement. 

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