BUSINESS BRIEFS: Coca-Cola Amatil Ltd.
Australian soft drink bottling concern Coca-Cola Amatil Ltd. said it
received the necessary approvals from an Australian court to undertake a
planned global restructuring. Coca-Cola Amatil is now free to spin-off
its European soft drink bottling assets into a separate company. As part
of the restructure, the new concern, Coca- Cola Beverages PLC, will
acquire bottling operations in north and central Italy from Coca-Cola
Co. The Australian company, which left to focus its operations on the
Asia-Pacific, also will buy bottling operations from Coca-Cola Co. in
South Korea.
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