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Thread: Coca Cola offers 2.5 billion to buy Hui Yuan, good or bad?

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[quote=BBQQ,318980]In order to expand its orperations in Chinese market, the Coca Cola, world's largest beverage company is going to spend 2.5 billion dollars to buy Hui Yuan juice Group. Hui Yuan seems to be satisfied with the bid. After the news broke out, Hui Yuan's shares have surged 164 percent, from 4.14 Hong Kong dollars to 10.94. However, Coca  Cola needs to get approved by Chinese regulator.

To Coca Cola and Hui Yuan juice group, it is reciprocal. However, many Chinese people are dissatisfied with Coca Cola's aquisition. A online survey shows that about 80 perent netizens oppose Coca Cola to buy Hui Yuan. Hui Yuan is probably the largest beverage company in China. If it disappears, that will be a blow to Chinese beverage industry. To them, a national brand will disappear again.

"During last Spring Festival, Hui Yuan promotes its juice with an advertisement---To celebrate the Spring Festival, Hui Yuan is a necessity. Maybe, they need to change its ads this year to celebrate the Christmas Day."  A report says.[/quote]

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