Israel's Central Bottling Co wants to snap up S.Korean Business. What are your thoughts? Terry Davis wants to wait until a review is completed in the region. S.Korea has been a drag on earnings since 1998, ever since acquired from KO for 1bn. Would this have been a forced move by the guys in Atlanta for ccl to have taken control of S.Korean business, more of offloading it at an inflated price to a subsidiary it seems. Anyhow. Good read.
CCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held