Coca-Cola Pours Into Brazil And China, Pushes PepsiCo Aside In The U.S. |
April 10, 2012 | April 2012 Bond Updates |
Coca-Cola Co. continues to place big bets on emerging markets as it announced plans to invest heavily in China and Brazil. The company will pour in $4 billion into China over the next three years. Last month, the company opened its 42nd bottling plant in the country. In Brazil, the company will invest a staggering $7.6 billion through 2016. The investment will also see the company opening three new factories in a country which already has 47 factories. |
View more at: http://www.forbes.com/sites/greatspeculations/2012/04/10/coca-cola-pours-into-brazil-and-china-pushes-pepsico-aside-in-the-u-s/ |
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