Coca-Cola Europacific Partners (CCEP) confirmed it has, together with Aboitiz Equity Ventures Inc. (AEV), received regulatory approval from the Philippines Competition Commission (PCC) to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO). Further to the announcements on 2 August and 20 November 2023, CCEP on January 30, 2024, announced it has, together with AEV, received regulatory approval from the PCC, to acquire 100% of CCBPI from KO. The transaction is expected to close towards the end of February 2024.
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Other stock markets
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5-day change | 1st Jan Change | ||
68.3 EUR | +1.04% |
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+1.79% | +13.46% |
Jul. 05 | Deutsche Bank Adjusts Price Target on Coca-Cola Europacific Partners to $78 From $77, Maintains Buy Rating | MT |
Jun. 25 | Out with AI, in with defensive stocks | ![]() |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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68.3 EUR | +1.04% | +1.79% | 33.87B | ||
37.25 PHP | +0.40% | +2.19% | 3.53B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+13.46% | 33.87B | |
-7.23% | 18.49B | |
-.--% | 12.72B | |
+10.40% | 2.48B | |
+9.55% | 2.01B | |
+19.10% | 877M | |
+33.73% | 179M |
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- Coca-Cola Europacific Partners and Aboitiz Equity Ventures Inc. Receive Regulatory Approval from the Philippines Competition Commission to Jointly Acquire Coca-Cola Beverages Philippines, Inc