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Coca-Cola Vietnam was acquired?

A series of foreign media are reporting that the British Swire Pacific Group is planning to buy the production chain of Coca-Cola Vietnam and Cambodia, but Coca-Cola has yet to confirm this information.

According to Nguoi Lao Dong Newspaper, a representative of Coca-Cola Vietnam confirmed that current activities are still going on normally, nothing has changed.

According to the representative of Coca-Cola Vietnam, the partner who buys the packaging and distributes part is still a member of the same Coca-Cola system, they also have shares in the global Coca-Cola group. Therefore, this is essentially an internal transfer to facilitate the development of the target market that both partners aim at.

Earlier, international media reported that the British Swire Group, based in Hong Kong, would acquire Coca-Cola’s packaging and distribution operations in Vietnam and Cambodia to expand into the beverage market. Drink Southeast Asia. This deal is worth more than 1 billion USD, expected to be completed within 6 months.

“Vietnam has a stable and developed beverage market. Therefore, there is no reason why Coca-Cola Vietnam has to change owners” – a representative of Coca-Cola Vietnam emphasized.

Although the representative of Coca-Cola Vietnam denied it, only time can tell whether Coca-Cola will be in the hands of a large corporation or not.