Wednesday, November 29, 2006

Coca-Cola plans buys in Russia, not interested in WBD

Coca-Cola, the listed US beverages giant, plans to expand in Russia, reported Vedomosti. Cited in the report, Coca-Cola CEO Neville Isdell said that Coca-Cola currently owns 13 plants and it will be acquiring Russian firms. Isdell ruled out a possibility of Coca-Coal buying into listed Russian dairy and beverages group Wimm-Bill-Dann (WBD).
Coca-Cola has already invested over USD 1.5bn in Russia, Isdell noted.


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