US: The Coca-Cola Co to refile Coca-Cola Enterprises pre-merger forms
The Coca-Cola Co has withdrawn and will refile its notification and report forms
The Coca-Cola Co has withdrawn and will refile its notification and report forms with the Federal Trade Commission (FTC) for the acquisition of Coca-Cola Enterprises' (CCE) North American bottling business.
The procedure, announced on Friday (30 July), will provide the FTC with additional time to review the purchase.
Coca-Cola said it will do the same with the relevant competition authorities in Canada.
The firm originally filed with the FTC and Canadian competition authorities on 30 June. It will now refile them on 2 August.
The FTC will then have a 30-day period in which to determine whether to issue a ‘Request for Additional Information’ or to close its investigation.
Coca-Cola announced the acquisition of the North American operations of CCE, its largest bottler, in February.
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