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Coca-Cola to fully acquire Gatorade rival BodyArmor for …

(Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market...

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Stock Markets46 minutes ago (Nov 01, 2021 01:12PM ET) (C) Reuters. FILE PHOTO: Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018. REUTERS/Regis Duvignau By Uday Sampath Kumar (Reuters) – Coca-Cola (NYSE:KO) Co said on Monday it would buy the remaining stake in BodyArmor it …

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Coca-Cola is buying BodyArmor to compete with Pepsi's Gatorade

Body Armor was founded in 2011 by Mike Repole and Lance Collins. In 2018, when Coca-Cola first invested in the company, sales were about $250. Since then its sales have increased more than 43% ...

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Dr Pepper Buys Stake in Gatorade Rival BodyArmor - WSJ

Dr Pepper Buys Stake in Gatorade Rival BodyArmor Soda maker is paying $20 million for 11.7% of startup headed by Vitaminwater co-founder Mike Repole NBA star Kobe Bryant is an investor in BodyArmor.

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6 billion. (Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion ...

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Coca-Cola To Buy Gatorade Rival BodyArmor For $5.6B

Coca-Cola Co is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, the Wall Street Journal reported.. Coca-Cola, which already owns 30% of BodyArmor, is buying the remaining 70% from the company's founders and investors, according to the WSJ report.

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UPDATE 3-Coca-Cola to fully acquire Gatorade rival ...

By Uday Sampath Kumar. Nov 1 (Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports ...

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Coca-Cola to Fully Acquire Gatorade Rival BodyArmor for $5.6 Billion More FILE PHOTO: Bottles of Coca-Cola are seen at a Carrefour Hypermarket store in Montreuil, near Paris, France, February 5, 2018.

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Coca-Cola to Fully Acquire Gatorade Rival BodyArmor for $5 ...

Coca-Cola Co. said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader ...

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Upstart sports drink brand a distant second to PepsiCo's Gatorade. Coca-Cola paid $5.6 billion to take full control of sports drink maker BodyArmor, the company's largest-ever acquisition, the ...

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Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date. The beverage giant bought a 15% ...

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Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc's Gatorade. The deal, which values BodyArmor at about $6.59 billion, comes as a shift in strategy for Coca-Cola, which spent the last year ...

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

Coca-Cola, which had first acquired a 15% stake in BodyArmor in 2018, said the brand's co-founder Mike Repole will stick around after the deal to advise on the marketing and packaging of products ...

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6 billion. (Reuters) – Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc's Gatorade. The deal marks a shift in strategy for the ...

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CNBC reported that Coca-Cola has acquired the sports drink company Body Armor in a deal costing $5.6 billion in the hopes of eventually overtaking the long-standing market leader, Gatorade. Rumblings of the eventual acquisition began in 2018 when Coca-Cola purchased a 15% stake in Body Armor's total shares. In February Coke executives filed a ...

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Coca-Cola buys full control of Bodyarmor for $5.6 billion

Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date. The beverage giant bought a 15% ...

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UPDATE 3-Coca-Cola to fully acquire Gatorade rival ...

Nov 1 (Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on...

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader ...

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

(Reuters) -Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market ...

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Coca-Cola buys rest of Gatorade rival BodyArmor

Coca-Cola announced Monday that is buying the remaining stake in sports drink brand BodyArmor that it does not already own.The price tag: $5.6 billion.....making this Coke's largest buy of a single brand in the company's storied history.Coke first acquired a 15 percent stake in BodyArmor back in 2018.This new deal creates a fresh match-up for two long …

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

(Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market...

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

(Reuters) -Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc's Gatorade. The deal marks a shift in strategy for the world's largest beverage maker after it spent the last year offloading or discontinuing …

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Coca-Cola is buying rest of BodyArmor for US$5.6B - BNN ...

Coca-Cola's primary sports drink, Powerade, is a distant competitor to PepsiCo's market-leading Gatorade. Even combined with BodyArmor, the Coca-Cola products would have about 23 per cent of the sports-drink market, well behind Gatorade's 68 per cent, according to Euromonitor.

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Coca-Cola to fully acquire Gatorade rival BodyArmor for $5 ...

Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6 billion (Reuters) -Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo (NASDAQ:PEP) Inc's Gatorade.

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