BOCA RATON, Fla., Feb 21- Coca-Cola Co on Friday announced deals to sell bottling operations in the greater Chicago and central Florida areas as it slowly undoes its 2010 purchase of its North American bottler.
BOCA RATON, Fla., Feb 21- Coca-Cola Co on Friday announced deals to sell bottling operations in Greater Chicago and Central Florida, as it slowly undoes its 2010 purchase of its North American bottler.
The announcement from the world's biggest soda company came hours after rival PepsiCo was hit with a renewed push from billionaire activist investor Nelson Peltz to split its challenged North American beverage business from its more robust snacks operation.
*Sales fall 4 pct to $11.04 bln vs est $11.31 bln. Feb 18- Coca-Cola Co's quarterly global sales volumes rose less than the company estimated and fell in North America, but the company said it expects to restore sales momentum in 2014..
Dec 13- The surprise departure of a potential Coca-Cola Co chief executive has put the global chief customer officer in contention to eventually succeed CEO Muhtar Kent.
Oct 15- Coca-Cola Co on Tuesday reported a higher quarterly profit and said it was on track to achieve its goal of doubling its 2010 "system revenue," which includes its sales and those of its bottlers, by 2020.. In the third quarter, net income rose 6 percent to $2.45 billion, or 54 cents per share, in the third quarter from $2.31 billion, or 50 cents per share, a year earlier.
Oct 15- Coca-Cola Co on Tuesday reported quarterly earnings that met Wall Street's expectations as it sold more of its namesake soft drinks, as well as teas and waters, despite a challenging economy.
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NEW YORK-- The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying.
The U.S. needs comprehensive tax reform "so that U.S. corporations, small, medium-size and large, can have a level playing field," Coca-Cola Chairman Muhtar Kent told CNBC Thursday.
The U.S. economy is better than it was 18 months ago but the recovery is still mixed, with Warren Buffett, Berkshire Hathaway chairman/CEO and Muhtar Kent, Coca-Cola chairman/CEO.