Coca-Cola set to acquire BodyArmor | Vending Times

The Coca-Cola Co. is nearing the acquisition of a controlling stake in BodyArmor, a sports drink manufacturer, according to a Bloomberg report. Sources indicated the transaction would value the company at around $8 billion. A Coca-Cola spokesman chose not to comment, while BodyArmor did not respond to a request for comment.

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Coca-Cola buys full control of Bodyarmor for $5.6 billion ...

Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date.-Owning Bodyarmor helps Coke gain market share in the sports drink category, although PepsiCo's Gatorade is far and away the market leader with roughly 70% market share.

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Coke acquires remainder of sports drink BodyArmor for $5 ...

Coca-Cola has completed its acquisition of sports drink brand BodyArmor. Coke said Monday, Nov. 1, it paid $5.6 billion for the remaining 85% of the sports beverage company. (AP Photo/Tony Dejak ...

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Coke acquires remainder of sports drink BodyArmor for $5 ...

Email this article. Coca-Cola has completed its acquisition of sports drink brand BodyArmor. Coke said Monday it paid $5.6 billion for the remaining 85% of BodyArmor. Coke originally bought a 15% ...

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Coca-Cola Nears Deal Valuing Gatorade Rival BodyArmor at ...

October 28, 2021 09:02 PM. Bloomberg. (Bloomberg) — Coca-Cola Co. is close to buying a controlling stake in the sports-drink maker BodyArmor in a deal that values the company at about $8 billion ...

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Coca-Cola Acquires BodyArmor – Bocconi Students M&A Circle

Introduction. In 2018, the Coca-Cola group already had a 15% stake in BodyArmor. This acquisition is the largest corporate takeover ever by the American giant, overtaking its purchase of Costa Coffee in 2018 for $ 5.1 billion. Coke shares have risen 3% this year, giving it a market value of $ 244 billion.

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Coca-Cola Acquires BodyArmor | SGB Media Online

Coca-Cola has acquired sports-drink maker BodyArmor, representing its largest brand acquisition. BodyArmor drinks have some celebrity partners, including Jennifer Lopez and Carrie Underwood, in its roster of partners. The late Kobe Bryant was an early investor. Coca-Cola owns Powerade, which is designed to compete directly with Gatorade.

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Act506Mod1.docx - Coca-Cola Acquisition of BodyArmor ...

Coca-Cola Acquisition of BodyArmor Reasons for Acquisition Coca-Cola and Pepsi remain locked into a battle for the hearts and minds of consumers, and have done so through very different strategies. Pepsi has diversified its product offerings, including its subsidiaries Sabra, Quaker Oaks and Frito-Lay, and has seen immense success, to the tune of $63 billion of …

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Coca-Cola buys full control of Bodyarmor for $5.6 billion

Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date. The beverage giant bought a 15%...

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Coke acquires remainder of sports drink BodyArmor for $5 ...

Coca-Cola Co. is making a multibillion-dollar bet on the sports drink brand BodyArmor as part of a larger push to diversify its offerings. Coke said Monday it paid $5.6 billion for the remaining 85% of BodyArmor. Coke originally bought a 15% stake in the BodyArmor in 2018. Coke confirmed that BodyArmor is its largest-ever brand acquisition.

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Is Coca-Cola's BodyArmor Acquisition Good Or Bad For …

Coke originally bought a 15% stake in the BodyArmor in 2018. Coke confirmed that BodyArmor is its largest-ever brand acquisition. The deal is part of a multiyear effort at Coke to move beyond sugary soft drinks and into other categories like juices, enhanced waters and sports drinks.

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Coca-Cola buys remaining BodyArmor stake for $5.6 billion ...

THE COCA-COLA CO. On Monday, the soda giant announced it would be purchasing the remaining 85% of BodyArmor after taking a 15% stake in 2018, marking its largest brand acquisition to date. The ...

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Coca-Cola announces ownership of BODYARMOR

Coca-Cola's acquisition of BODYARMOR will be funded through cash on-hand and is consistent with an M&A and capital allocation framework that focuses on accelerating growth, expanding capabilities and driving efficiencies. Coca-Cola pursues brands and products that are complementary to the overall portfolio and have growth opportunities for ...

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Coca-Cola buys sports drink maker BodyAmor to compete ...

Coca-Cola paid $5.6 billion to take full control of sports drink maker BodyArmor, the company's largest-ever acquisition, the Atlanta-based beverage giant announced Monday. Coke had owned a 15% ...

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"To the Moon": Body Armor's Acquisition Nets Rob ...

Coca Cola's acquisition of Body Armor means Rob Gronkowski will net a $10million profit. Soft drink conglomerate Coca-Cola recently announced an all-cash acquisition to buy sports drink manufacturer Body Armor. This acquisition resulted in a profit of millions of dollars of profit for the beverage's early investors.

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Coca-Cola boosts portfolio with $5.6bn BodyArmor deal

Monday's investment by Coca-Cola is for the remaining 85% stake in BodyArmor and makes the acquisition Coca-Cola's largest purchase ever. Notably, the deal surpassed the company's $4.9bn buyout of the Costa coffee business announced in 2018. Coca-Cola shares were trading down by around 0.5% at the start of trading Monday. Sports drink ...

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Coke acquires remainder of sports drink BodyArmor for $5 ...

Coca-Cola has completed its acquisition of sports drink brand BodyArmor. Coke said Monday, Nov. 1, it paid $5.6 billion for the remaining 85% of the sports beverage company.

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Coke to Pay $5.6 Billion for Full Control of BodyArmor - WSJ

Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a cash deal that values the sports-drink brand at about $8 billion, amping up a rivalry with Gatorade.. Coke, which already ...

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Breaking: Coca-Cola Set to Acquire Controlling Interest in ...

The Coca-Cola Company has begun the process of acquiring a controlling stake in sports drink brand BodyArmor. A spokesperson for Coca-Cola confirmed that the company has notified U.S. antitrust ...

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Coke Buys Full Control of BodyArmor for $5.6 Billion ...

Coca-Cola - Get Coca-Cola Company Report confirmed Monday that it planned to buy full control of sports drink company BodyArmor, paying $5.6 billion for the 85% it …

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Coca-Cola Buys BodyArmor, Turning Kobe's $6M …

On Aug. 14, 2018, Coca-Cola purchased a minority share in the company. The former Los Angeles Lakers player's $6 million investment in …

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The Coca-Cola Company Acquires Remaining Stake in ...

In 2018, Coca-Cola initially acquired a 15% stake in BODYARMOR with a path to full ownership, based on a pre-determined discount. Coca-Cola is paying $5.6 billion in cash for the remaining 85% of the company. BODYARMOR will be managed as a separate business within Coca-Cola's North America operating unit and will continue to be based in New York.

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Coca-Cola buys rest of BodyArmor for $5.6B in company's ...

Coca-Cola acquired a 15% stake in BodyArmor in 2018 for an undisclosed amount, with an opportunity to fully acquire the sports drink brand in the future. Earlier this year, Coca-Cola said it was...

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Coca-Cola Acquires Full Control of BODYARMOR For $5.6 ...

On Monday, Coca-Cola announced they acquired full control of BodyArmor, a line of sports performance and hydration beverages, for $5.6 billion, making it Coca-Cola's largest brand acquisition to date. In 2018, Coca-Cola bought 15% of BodyArmor. And here's a tidbit, Coca-Cole made the announcement at 8:24AM on Monday to honor the late Laker ...

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Coca-Cola Buys BodyArmor, Turning Kobe's $6M Investment ...

On Aug. 14, 2018, Coca-Cola purchased a minority share in the company. The former Los Angeles Lakers player's $6 million investment in BodyArmor is now worth about $200 million. BodyArmor, the ...

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The Coca-Cola Company Acquires BODYARMOR | Prepared Foods

In 2018, Coca-Cola initially acquired a 15% stake in BODYARMOR with a path to full ownership, based on a pre-determined discount. Coca-Cola is paying $5.6 billion in cash for the remaining 85% of the company. BODYARMOR will be managed as a separate business within Coca-Cola's North America operating unit and will continue to be based in New York.

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Kobe's BodyArmor stake valued at $560 million after Coca ...

Kobe's BodyArmor stake valued at $560 million after Coca-Cola acquisition. BodyArmor is being acquired by Coca-Cola for $5.6 billion. Kobe acquired his 10% stake in BodyArmor for $6 million several years ago. This stake being worth $560m is a 9,233% return, and significantly more than his career earnings. Damn.

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Coca-Cola to pay $5.6 billion for BodyArmor sports drink

Coca-Cola is shelling out $5.6 billion to acquire full ownership of BodyArmour, a rival to Gatorade, the companies said on Monday. The beverage giant already owned 30 percent of the New York City ...

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Coke Acquires Remainder of Sports Drink BodyArmor for $5 ...

Coca-Cola has completed its acquisition of sports drink brand BodyArmor. Coke said Monday, Nov. 1, it paid $5.6 billion for the remaining 85% of the sports beverage company. (AP Photo/Tony Dejak ...

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Coca-Cola Buys Bodyarmor in $5.6 Billion Acquisition ...

On Monday, Coca-Cola announced it purchased the sports drink maker Bodyarmor for $5.6 billion. This sale is the largest acquisition in the company's history but it wasn't entirely unexpected. Coca-Cola was already a shareholder in Bodyarmor after purchasing a 15% stake in 2018.

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Coca-Cola buys full control of Bodyarmor for $5.6 billion ...

Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date. The beverage giant bought a 15% ...

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Coca-Cola is buying sports drink maker Bodyarmor for …

New York (CNN Business) Coca-Cola has acquired sports-drink maker BodyArmor in a bid to steal market share from Pepsico-owned Gatorade. This is Coca-Cola's largest brand acquisition, according to a...

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Coca-Cola nears deal to buy majority stake in BodyArmor ...

Coca-Cola is planning to acquire a controlling stake in BodyArmor, a premium line of sports performance and hydration drinks, according to …

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Coke to pay $5.6 billion for full control of BodyArmor ...

Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, according …

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body armor kobe bryant - chai-pierre-brive.fr

According to The Wall Street Journal, Coca-Cola Co. brokered a $5.6 billion cash deal that values Bodyarmor at about $8 billion. Bryant acquired over 10% of the company after his initial $6 million investment back in 2014, ironically placing just behind Coca-Cola on the shareholders list; the beverage giant already bought a 15% stake back in ...

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Coke Acquires BodyArmor for $5.6B [Updated] - BevNET.com

The Coca-Cola Company announced today that it has acquired full control of sports drink maker BodyArmor for $5.6 billion, its largest acquisition to date. The beverage giant is exercising its ...

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