Coca-Cola pays $2.2 billion for major stake in Monster Beverage
Coca-Cola Co (KO.N) said Thursday it is making a cash payment of $2.15 billion for a 16.7 percent stake in Monster Beverage Corp (MNST.O) as the world's largest soda maker seeks to expand into faster-growing categories such as energy drinks.
Aug 15, 2014, 21:49 PM IST