Coca-Cola FEMSA, S.A.B. de C.V., the largest franchise bottler of Coca-Cola products in the world, has finalized the acquisition of 51% of Coca-Cola Bottlers Philippines, Inc. (CCBPI) from The Coca-Cola Company, for an amount of US$688.5 million in an all-cash transaction.
The closing of this transaction will be effective on January 25, 2013.
NEWS/Philippines: Bacolod Beverage Plant Workers, Employees Protest Management’s so-Called Downsizing Policy31-10-2012
On 26 October the ACCUP Visayas Region and the Coca-Cola Bacolod union held a press conference on the campaign against P3. Read the Daily Star news report online here.