Coca-Cola nears deal for controlling stake in BodyArmor - Bloomberg News - NewsBreak
By Gesard in Business
Updated 3 years ago
Oct 28 (Reuters) - Coca-Cola Co (KO.N) is nearing a deal to buy a controlling stake in sports drink maker BodyArmor, valuing it at about $8 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The deal could be finalized in coming weeks, the report said.