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2579 — Coca-Cola Bottlers Japan Holdings News Story

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Brief: Japan's two leading Coca-Cola bottlers to merge as early as next spring- Nikkei

Sept 26 (Reuters) - Nikkei:  
    * Japan's two leading Coca-Cola bottlers have reached a 
basic agreement to merge as early as next spring- Nikkei 
    * Merger of Coca-Cola east Japan, Coca-Cola west will create 
a holding company for both regional operations - Nikkei 
    * Cola West president Tamio Yoshimatsu will lead the new 
company- Nikkei 
    * Surviving company Coca-Cola west is expected to remain on 
the Tokyo stock exchange while the eastern unit delists- Nikkei 
    * Drink sales at Co formed by east-west combination expected 
to start at 531 million cases,giving 90% share of domestic 
market for Coca-Cola products-Nikkei 
 
Source text for Eikon:  ID:nNen4wg0Wp  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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