{"id":361715,"date":"2023-10-15T09:18:34","date_gmt":"2023-10-15T04:18:34","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=361715"},"modified":"2023-10-15T09:18:34","modified_gmt":"2023-10-15T04:18:34","slug":"turk-coca-cola-acquisition-of-pak-coca-cola-300-mln-transaction-approved","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/turk-coca-cola-acquisition-of-pak-coca-cola-300-mln-transaction-approved\/","title":{"rendered":"Turk Coca Cola acquisition of Pak Coca Cola $300 mln transaction approved"},"content":{"rendered":"<p>ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to the acquisition of Coca Cola (Pakistan) under phase-1 review of the Competition Act, 2010, and the Competition (Merger Control) Regulations, 2016. Coca-Cola I\u00e7ecek (Turkey) acquired 49.67 percent shareholding of Coca Cola (Pakistan) through CCI International Holand (one of its subsidiaries) from Atlantic Industries. The transaction involves total consideration of USD 300 million. After this transaction, Coca Cola Turkey will own majority of shareholding in Coca Cola (Pakistan) with management. This is significant vote of confidence that Pakistani economy has great potential for above-average returns on their capital for international investors. The Chairman and Mergers team has streamlined, merger system and process to expedite mergers\/acquisitions applications to facilitate international investors. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to the acquisition of Coca Cola (Pakistan) under phase-1 review of the Competition Act, 2010, and the Competition (Merger Control) Regulations, 2016. Coca-Cola I\u00e7ecek (Turkey) acquired 49.67 percent shareholding of Coca Cola (Pakistan) through CCI International Holand (one of its subsidiaries) from Atlantic Industries. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-361715","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Turk Coca Cola acquisition of Pak Coca Cola $300 mln transaction approved<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/turk-coca-cola-acquisition-of-pak-coca-cola-300-mln-transaction-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turk Coca Cola acquisition of Pak Coca Cola $300 mln transaction approved\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to the acquisition of Coca Cola (Pakistan) under phase-1 review of the Competition Act, 2010, and the Competition (Merger Control) Regulations, 2016. Coca-Cola I\u00e7ecek (Turkey) acquired 49.67 percent shareholding of Coca Cola (Pakistan) through CCI International Holand (one of its subsidiaries) from Atlantic Industries. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/turk-coca-cola-acquisition-of-pak-coca-cola-300-mln-transaction-approved\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-15T04:18:34+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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