Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6bn

  Coca-Cola Co (KO.N) said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc’s (PEP.O) Gatorade. The deal marks a shift in strategy for the world’s largest beverage maker after it spent the […]

Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6bn
  Coca-Cola Co (KO.N) said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc’s (PEP.O) Gatorade. The deal marks a shift in strategy for the world’s largest beverage maker after it spent the […]