Coke And Nestle End Tea JV In U.S.
The Coca-Cola Company (NYSE:KO) has terminated its partnership with Nestle SA to sell Nestea in U.S. and Asia and has instead chosen to focus on the sale of ready-to-drink tea in Europe and Canada. Coca Cola will also enter into a license agreement with Nestle for the Nestea brand in Taiwan and Hong Kong. Apart [...]
The Coca-Cola Company (NYSE:KO) has terminated its partnership with Nestle SA to sell Nestea in U.S. and Asia and has instead chosen to focus on the sale of ready-to-drink tea in Europe and Canada. Coca Cola will also enter into a license agreement with Nestle for the Nestea brand in Taiwan and Hong Kong.
Apart from these, the dissolution of the Coca-Cola and Nestle’s joint venture named Beverage Partners Worldwide (BPW) is expected in most of the regions where it operates by the end of 2012, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
