Mon, March 23, 2009

Coke-Huiyuan deal rejected

MOC: China's disapproval on Coca-Cola's acquisition not trade protectionism

China's Ministry of Commerce (MOC) Thursday denied its refusal to approve Coca-Cola's acquisition of Huiyuan Juice Group is protectionist. Full story


China's first anti-monopoly law takes effect

China's first anti-monopoly law took effect on Friday, viewed as a milestone of the country's efforts in promoting a fair competition market.


How do you view Ministry of Commerce's rejection on Coke-Huiyuan deal?
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Latest News


Coke bid ruling 'not protectionist'

2009-03-23 02:38:18 GMT China Daily Commerce Minister Chen Deming said yesterday the government's rejection of Coca-Cola's $2.4 billion bid to acquire China Huiyuan Juice Group is not protectionist.

Huiyuan shares dive on Coke rebuff

2009-03-20 02:54:59 GMT China Daily Shares of China Huiyuan Juice Group Ltd plunged in Hong Kong yesterday after the government blocked Coca-Cola Co's $2.4 billion bid for the juice maker.

Share price of juice producer Huiyuan tumbles on buyout bid rejection

2009-03-19 12:13:37 GMT Xinhua English HONG KONG, March 19 (Xinhua) -- The Hong Kong-listed shares of Chinese-mainland juice producer Huiyuan Juice tumbled 42.17 percent Thursday after authorities rejected a buyout bid by industry giant Coca-Cola on antitrust considerations.

China denies Coca-Cola decision equals trade protectionism

2009-03-19 11:12:07 GMT Xinhua English BEIJING, March 19 (Xinhua) -- China's Ministry of Commerce (MOC) Thursday denied its refusal to approve Coca-Cola's acquisition of Huiyuan Juice Group is protectionist.

Coke-Huiyuan Deal Review


Coca-Cola seeks anti-trust nod for Huiyuan deal

2008-12-03 03:17:39 GMT China Daily The Coca-Cola Company announced Tuesday that it had submitted an application for anti-monopoly approval to the Ministry of Commerce (MOFCOM) for its $2.3 billion takeover of premier domestic juice maker China Huiyuan Juice Group.

Coca-Cola's bid for Chinese juice maker under review

2008-12-02 06:54:29 GMT The Chinese government is conducting an anti-monopoly review of Coca-Cola's multi-billion-dollar takeover bid for the Huiyuan Juice Group, the two companies said in a joint statement Tuesday.

China's Commerce Ministry to hold hearing on Coke offer for Huiyuan

2008-09-15 04:02:58 GMT Xinhua English BEIJING, Sept. 15 (Xinhua) -- China's Ministry of Commerce will hold a hearing on Coca Cola's 2.4 billion-U.S. dollar offer to buy China's largest juice maker Huiyuan, a local newspaper said Monday.

China to review Coca Cola bid for juice maker

2008-09-08 16:06:58 GMT BEIJING - Coca-Cola Co. will have to submit its bid to buy a Chinese juice producer for review under China's new anti-monopoly law, state television reported, setting up the first major test of the legislation.

Comment & Analysis


Protecting consumers

2009-03-20 10:29:40 GMT China Daily The Ministry of Commerce must have thoroughly considered the far-reaching implications of its decision to reject the $2.4 billion acquisition of Huiyuan Juice, China's leading juice maker, by Coca-Cola.

Coke offer for China's Huiyuan could face difficulties winning approval

2008-09-03 13:04:23 GMT Xinhua English BEIJING, Sept. 3 (Xinhua) -- Coca-Cola said on Wednesday it has offered to buy Huiyuan, China's largest fruit juice company, for the equivalent of 2.4 billion U.S. dollars in cash, in what would be the second-largest acquisition in the U.S.-based company's history.