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BREAKING NEWS

Coca-Cola to buy biggest bottler

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Coca-Cola to buy biggest bottler

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Coca-Cola has said it is going to buy the North American operations of its largest bottler, Coca-Cola Enterprises.

The deal means it can cut costs and be make its distribution more flexible.

The rest of the bottling company would remain independent and would also acquire some of Coca-Cola’s assets in Scandinavia and Germany.

The announcement came as rival PepsiCo was about to close on the purchase of its largest bottlers.