Coke buys sports-drink brand Bodyarmor

2021-11-03T17:51:00

The Coca-Cola Company has acquired Bodyarmor, a sports drink producer founded in 2011, for approximately $5.6 billion.This is the largest acquisition in Coca-Cola’s history, overtaking that of the Costa coffee chain in 2018 for $5.1 billion. The soda king has been Bodyarmor’s second-largest shareholder, with a 15 percent stake, since ...

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