Coca-Cola is buying rest of BodyArmor for $5.6 billion - NewsBreak
By Alexdemarco in Business
Updated 3 years ago
Coca-Cola agreed to acquire the remaining stake that it doesn't own in BodyArmor for $5.6 billion in cash, giving the soft-drink giant full control of the sports-drink brand and more ammunition to take on market leader Gatorade. Coca-Cola, which already owns 15% of BodyArmor, is buying the remainder from...