Coca-Cola Amatil has unveiled a special payout for shareholders,funded by the sale of the iconic SPC canning business in Victoria.
The iconic SPC fruit and vegetable business will live on and all permanent staff will be offered jobs after sale.
The Coke company's old-fashioned approach has turned around declining sales in Sydney's CBD,so now it's going national.
Soft-drink giant Coca-Cola Amatil's profits have plunged more than 37 per cent after the bottler slashed the value of its Shepparton-based food processor,SPC.
Soft drink giant Coca-Cola Amatil has written down the value of its SPC canned fruit and vegetable operations to zero,reflecting the slim sale price it expects to receive if it offloads the business.
For the first time in its almost 50 year history in Australia Pizza Hut will be selling Coke.
Soft drink giant Coca-Cola Amatil is cashing in on the paper straw craze,announcing it would no longer distribute plastic drinking straws or stirrers in Australia this year.
The Australian soft drink giant's shares have plummeted to a six-month low after a string of disappointing announcements.
The Coca Cola's company's local bottler has announced today they will sell off Australia's much-loved baked beans and canned fruits company,SPC.
Australian soft-drink giant Coca-Cola Amatil faces a potential write-down to the value its Indonesian business that could blow a hole in its earnings after its global partner impaired its stake in the operation.
Thirteen years after starting their water business above a garage,former school friends have sold a 45 per cent stake to Coca-Cola and its local bottler,Coca-Cola Amatil.