Chinese Authorities Reject Coke-HuiYuan Acquisition Deal


On March 18, 2009, the Chinese Anti-monopoly Bureau of the Ministry of Commerce (“AMB”) issued its first rejection in the history of pre-merger filing under the Anti-monopoly Law (“AML”). Two days before the reviewing period deadline of 120 days, Coca-Cola (“Coke”) received the official decision issued by AMB rejecting its acquisition proposal of one of the biggest fruit juice manufacturers in China, HuiYuan Juice Group Co., Ltd., which is a listed Chinese company in the Hong Kong Stock market ("HuiYuan”).

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