Key Developments: Coca-Cola Co (KO.N)

KO.N on New York Stock Exchange

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3 Aug 2015
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Latest Key Developments (Source: Significant Developments)

Keurig Green Mountain Inc and The Coca-Cola Co expand agreement to Keurig Hot Brewing System
Wednesday, 3 Sep 2014 09:00am EDT 

Keurig Green Mountain Inc:Says the company and The Coca Cola Co have expanded the companies' partnership to offer select beverages from the portfolio of The Coca Cola Co's still brands in the Keurig hot brewing system in the United States and Canada.In Feb. 2014, the companies signed a 10-year agreement to collaborate on the development and introduction of The Coca Cola Co's global brand portfolio for use in Keurig's forthcoming Keurig Cold at-home beverage system, available in Keurig's fiscal year 2015.  Full Article

The Coca-Cola Co and Monster Beverage Corp enter into long-term strategic partnership
Thursday, 14 Aug 2014 04:37pm EDT 

The Coca-Cola Co:Says the company and Monster Beverage Corp announced that they have entered into definitive agreements for a long-term strategic partnership.Says it will acquire an about 16.7 pct ownership interest in Monster (post issuance) and will have two directors on Monster's Board of Directors.Expects to account for its investment in Monster under the equity accounting method.Says it will transfer ownership of its worldwide energy business, including NOS, Full Throttle, Burn, Mother, Play and Power Play, and Relentless, to Monster.Monster will transfer its non-energy business, including Hansen's Natural Sodas, Peace Tea, Hubert's Lemonade and Hansen's Juice Products, to The Coca-Cola Co.Says the company and Monster will amend their current distribution agreement in the U.S. and Canada by expanding into additional territories and entering into long-term agreements.The Coca-Cola Co will become Monster's preferred distribution partner globally and Monster will become The Coca-Cola Co's exclusive energy play.Pursuant to the terms of the transaction agreements, at the closing, the Coca-Cola Co will make a net cash payment of $2.15 billion and transfer its worldwide energy business to Monster.In exchange, Monster will issue to The Coca-Cola Co the shares of Monster common stock, transfer its non-energy business to The Coca-Cola Co, and enter into expanded distribution arrangements.Transaction is expected to close late in 2014.  Full Article

The Coca-Cola Co declares regular quarterly dividend
Tuesday, 15 Jul 2014 03:31pm EDT 

The Coca-Cola Co:Declares a regular quarterly dividend of 30.5 cents per common share.Payable Oct. 1, to shareowners of record as of Sept. 15.  Full Article

The Coca-Cola Co elects Kathy N. Waller as chief financial officer, executive vice president; declares regular quarterly dividend
Thursday, 24 Apr 2014 01:41pm EDT 

The Coca-Cola Co:Elects Kathy N. Waller as Executive Vice President and Chief Financial Officer, effective immediately replacing Gary Fayard who is retiring after 20 years with the company.Says it also declared a regular quarterly dividend of $0.305 per common share.Payable July 1 to shareowners of record as of June 16.  Full Article

Arca Continental and the Coca-Cola Co close acquisition of Holding Tonicorp
Tuesday, 15 Apr 2014 04:07pm EDT 

Arca Continental SAB de CV:Arca Continental and The Coca-Cola Company have officially announced acquisition of majority stock of Tonicorp.Tonicorp is involved in dairy product industry.Acquisition will allow both companies to strengthen their strategic partnership with their joint participation in dairy market of Ecuador.  Full Article

The Coca-Cola Co announces letters of intent with two new bottling partners
Friday, 21 Feb 2014 08:00am EST 

The Coca-Cola Co:signs letters of intent for the granting of territories in the greater Chicago area to J. Christopher and M. Jude Reyes of Reyes Holdings, L.L.C., and in Central Florida.Says two new transactions announced are subject to the parties reaching Definitive agreements during 2014.Says parties are committed to working together to implement a smooth transition with minimal disruption for customers, consumers and System associates.Says financial terms were not disclosed.  Full Article

The Coca-Cola Co chief financial officer Gary P. Fayard to retire
Thursday, 20 Feb 2014 01:43pm EST 

The Coca-Cola Co:Says Executive Vice President and Chief Financial Officer Gary P. Fayard will retire in May 2014, after 20 years of service with the company.Named Kathy N. Waller, 55, to succeed Fayard in the role of Chief Financial Officer.  Full Article

The Coca-Cola Co Company announces annual dividend increase
Thursday, 20 Feb 2014 10:30am EST 

The Coca-Cola Co:Approves a annual dividend increase, raising the quarterly dividend 9 pct from 28 cents to 30.5 cents per common share.Says the first quarterly dividend is payable Apr. 1 to shareowners of record as of Mar. 14.  Full Article

The Coca-Cola Co and Green Mountain Coffee Roasters, Inc. enter into long-term global strategic partnership
Wednesday, 5 Feb 2014 04:28pm EST 

The Coca-Cola Co and Green Mountain Coffee Roasters, Inc:Says the companies have signed a 10-year agreement to collaborate on the development and introduction of The Coca-Cola company's global brand portfolio for use in GMCR's forthcoming Keurig Cold at-home beverage system.Says under the global strategic agreement, GMCR and The Coca-Cola Company will cooperate to bring the Keurig Cold beverage system to consumers around the world.Says under the terms of the equity agreement, The Coca-Cola Company will acquire 16,684,139 newly issued shares in GMCR for about $1.25 bln, which represents an approximate 10 pct ownership in GMCR.Says the investment is expected to close in March 2014.Says BofA Merrill Lynch served as financial advisor to GMCR and Baker & McKenzie LLP is acting as legal advisor.  Full Article

Fiesta Restaurant Group Inc announces Multi-Year Marketing Agreement with Coca-Cola Co
Tuesday, 4 Feb 2014 07:00am EST 

Fiesta Restaurant Group Inc:Says a multi-year product and marketing agreement with The Coca-Cola Company.Says under the agreement, all 105 U.S. Pollo Tropical locations will now serve Coca-Cola products.Says the agreement also extends to Fiesta's 165 Taco Cabana locations, which have served Coca-Cola products for 35 years.Says agreement includes the development of various marketing and promotional programs each year between the brands.  Full Article

U.S. private sector vows to ante up on climate finance

WASHINGTON - Some of the biggest U.S. corporate names on Monday offered their support - and billions of dollars in green financing pledges - to buttress the Obama administration's quest for a global agreement on combating climate change.

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