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Coca Cola in China antitrust case
drinks giant coca cola is keen to increase its presence in the country's fast growing drinks market . drinks giant coca cola is set to take its $2.5bn (Â1.4bn) bid to take over chinese juice company huiyan to the competition abouthorities . for this reason, it agreed to pany 12.20 hong kong dollars per share - about three times the firm's closing price last friday - for the firm . the juice sector in china - including pure juice and diluted drinks - is set to expand by more than 10% in years ahead, as incomes rise, analysts predicted . uiyan has 43% of china's pure juice market, according to ac nielsen . Generated 2008-9-11_21:28
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