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4-Traders Homepage  >  Equities  >  Nyse  >  The Coca-Cola Co    KO

Delayed Quote. Delayed  - 07/26 05:45:00 pm
45.19 USD   -0.83%
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The Coca-Cola Company : Coca-Cola Boosts Investment in European Smoothie Maker Innocent

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02/22/2013 | 06:24pm CEST
   By Paul Ziobro 
 

Coca-Cola Co. (KO) boosted its investment in European smoothie company Innocent Drinks, giving the world's largest drink maker a majority stake.

Coca-Cola is buying the majority of the founders' remaining shares, leaving them with a minority stake. Terms of the transaction, which is subject to government approval, weren't disclosed.

Coca-Cola first invested in Innocent four years ago and has gradually built up its stake.

Innocent had sales of GBP209 million, double what it was in 2008.

Write to Paul Ziobro at paul.ziobro@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ($)
Sales 2016 42 545 M
EBIT 2016 10 166 M
Net income 2016 8 201 M
Debt 2016 27 449 M
Yield 2016 3,04%
P/E ratio 2016 24,42
P/E ratio 2017 22,60
EV / Sales 2016 5,28x
EV / Sales 2017 6,09x
Capitalization 197 145 M
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The Coca-Cola Co Technical Analysis Chart | KO | US1912161007 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 48,4 $
Spread / Average Target 6,1%
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Managers
NameTitle
Ahmet Muhtar Kent Chairman & Chief Executive Officer
James Quincey President & Chief Operating Officer
Kathy N. Waller Chief Financial Officer & Executive Vice President
Eddie R. Hays Chief Technical Officer & Senior Vice President
Edmund R. Steinike Chief Information Officer & Senior Vice President
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Sector and Competitors
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