UPDATE 1-Coca-Cola HBC agrees to buy Russia's Aquavision

(Reuters) - "The acquisition provides us with immediate access to state
of the art production facilities and significant expanded
capacity to meet growing consumer demand for our products,"
Doros Constantinou, CCHBC's chief executive, said in a
statement.




CCHBC will fund the purchase by a combination of cash and
short-term debt. It expects the deal to be earnings accretive in
2008, the company said.


Read more at Reuters.com Mergers News