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COCA-COLA have paid; Business IN BRIEF.


COCA-COLA have paid pounds 30million for a minority stake in smoothie firm Innocent.

The fizzy fizz  
intr.v. fizzed, fizz·ing, fizz·es
To make a hissing or bubbling sound; effervesce.

n.
1. A hissing or bubbling sound.

2. Effervescence.

3. An effervescent beverage.
 drinks giant will swallow up Verb 1. swallow up - enclose or envelop completely, as if by swallowing; "The huge waves swallowed the small boat and it sank shortly thereafter"
eat up, immerse, swallow, bury
 to 20 per cent of the business under the deal.

Co-founder Richard Reed said: "We will continue to lead and run the company - we will be the same people, in the same offices, making the same products in the same way." Reed, who started the company with friends Adam Balon and Jon Wright in 1998, says the cash will be used to expand in Europe..
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Publication:Daily Record (Glasgow, Scotland)
Date:Apr 7, 2009
Words:85
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