Tuesday, June 26, 2007

UPDATE 2-C-C Amatil lifts outlook; S.Korea talks continue

(Reuters) - Coca-Cola Amatil, 35 percent-owned by Coca-Cola Co. ,
also said negotiations over the sale of its South Korea
business, which has a book value of A$700 million , were continuing.




The company said it now sees first-half earnings before
interest and tax rising 12 percent, above a previous forecast,
due to strong sales in Australia and New Zealand. It had
previously forecast high single-digit growth.


Read more at Reuters.com Mergers News

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