US: Coca-Cola Enterprises shareholders to vote on Coca-Cola Co tie-up
Coca-Cola Enterprises' shareholders will be able to vote on 1 October
Back in February, Coca-Cola confirmed that it will acquire the North American operations of Coca-Cola Enterprises (CCE), which is Coca-Cola's largest bottler. As part of the transaction, CCE’s European operations will be owned by International CCE Inc, a new public company which will be split off and will acquire Coca-Cola's bottling operations in Norway and Sweden.
CCE said yesterday (25 August) that it will hold a shareholder meeting on 1 October at 0830 EDT, at Cobb Energy Performing Arts Centre, 2800 Cobb Galleria Parkway, Atlanta, Georgia. Shareholders of record at close of business on 24 August will be entitled to vote.
“The transaction remains on track to close in the fourth quarter of 2010 and has moved forward in several key areas,” CCE said yesterday. “Key remaining steps include anti-trust approvals in the US and Canada, and shareowner approval.”
Britvic's warning on soaring input costs could well be a sign of things to come....
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