Capital, Earnings & M&A
Coca-Cola Teams Up with Mengniu: Fancy a Coke-Flavored Fresh Milk?
Coca-Cola and Mengniu have formed a joint venture to produce high-end fresh milk, with a total fixed asset investment of 2.1 billion yuan. The project is set to launch in the third quarter of 2021, targeting the East China market and intensifying competition in the low-temperature fresh milk sector.
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