Coca-Cola Co. announced on Sunday morning that it had closed a $12 billion-plus deal with bottler Coca-Cola Enterprises, giving Coca-Cola control over CCE's territory in North America. Meanwhile, CCE gets territories in Norway and Sweden and gets about $8.9 billion in debt wiped off its books. CCE's shareholders approved the deal by a large margin on Friday, removing the last obstacle, and the closing this weekend was expected.
Support real journalism. Support local journalism. Subscribe to The Atlanta Journal-Constitution today. See offers.
Your subscription to the Atlanta Journal-Constitution funds in-depth reporting and investigations that keep you informed. Thank you for supporting real journalism.