Aboitiz buys 40% of Coca-Cola PH

MANILA  -The Aboitiz Group is pushing deeper into the consumer segment with a $720-million (P40 billion) investment in soft drinks giant Coca-Cola Beverages Philippines Inc. Aboitiz Equity Ventures (AEV) said on Monday it had signed a definitive agreement with partner Coca-Cola Europacific Partners Plc. to jointly buy Coca-Cola Philippines from US-based The Coca-Cola Co. in
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