Coca-Cola buys full control of Bodyarmor for $5.6 billion in its largest-ever acquisition - NewsBreak
By Vivian in Business
Updated 3 years ago
Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest acquisition to date. Owning Bodyarmor helps Coke gain market share in the sports drink category, although PepsiCo's Gatorade is far and away the market leader with roughly 70% market...