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, PepsiCo Inc.'s Gatorade.

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

Claim your 1-week free trial to StreetInsider Premium here. (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 ...

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

Coca-Cola Co. agreed to acquire the remaining stake that it doesn't own in BodyArmor for US$5.6 billion in cash, giving the soft-drink giant full control of the sports-drink brand and more ammunition to take on market leader Gatorade. Coca-Cola, which already owns 15 per cent of BodyArmor, is ...

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Even combined with BodyArmor, the Coca-Cola products would have about 23% of the sports drink market, well behind Gatorade's 68%, according to Euromonitor. Coca-Cola filed a preacquisition notification to the FTC to buy a controlling stake in …

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Why Coca-Cola buying BodyArmor for $5.6 billion is a good ...

Wall Street generally agrees that Coca-Cola making its largest acquisition ever in BodyArmor is a good thing. "Net, we think the deal is a positive for Coca-Cola as it provides a new leg of growth in North America with ownership of the fastest-growing, number two retail value share brand in the sport beverage category," said veteran beverage analyst Laurent Grandet at Guggenheim.

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Coke first said in February that it intended to buy a controlling interest in Bodyarmor later this year in a pre-acquisition filing with the Federal Trade Commission. Owning Bodyarmor helps Coke gain market share in the sports drink category which is currently led by PepsiCo's Gatorade which controls about 70% of the market share.

Coca-Cola to buy out sports drink brand BodyArmor: report ...

WASHINGTON - Coca-Cola is preparing to take full control of the sports drink group BodyArmor in a deal worth $5.6 billion, the Wall Street Journal reported Sunday. Coca-Cola already holds a …

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

Stock Markets22 minutes ago (Nov 01, 2021 09:06AM 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 (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 (KO) announced on Friday that it is set to purchase UK coffee giant Costa for $5.1 billion as it tries to expand its portfolio beyond sugary drinks. The move follows Coke's recent investment in sports drink upstart and potential Gatorade (PEP) rival BodyArmor. So, what should investors do with KO stock, which is down roughly 2% over the last 12 months, as the beverage …

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

Coca-Cola Co (KO.N) 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 …

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

Coca-Cola to fully acquire Gatorade rival BodyArmor for $5.6 billion ... Co said on Monday it would buy the remaining stake in BodyArmor it ... By Josh Horwitz BEIJING (Reuters) - Chinese …

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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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Coca-Cola buys control of BodyArmor for $5.6B | Honolulu ...

Coca-Cola paid $5.6 billion to take full control of sports drink maker BodyArmor, the company's largest-ever acquisition, the Atlanta-based beverage …

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Chinese Army To Procure 1.4 Million Units Of Body Armor

China is a major supplier of body armor that protect against small-arms fire upto 7.62mm bullet. Quoting Song Zhongping, a military expert, the report said that Chinese body armor is of high quality and relatively low cost with about 70 percent of the international body armor market is made up of Chinese products.

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

Ryan Blaney, driver of the #12 BodyArmor Ford, celebrates in the Ruoff Mortgage victory lane after winning the NASCAR Cup Series Coke Zero Sugar 400 at Daytona International Speedway on August 28, 2021 in Daytona Beach, Florida. Jared C. Tilton | Getty Images Coca-Cola announced Monday it has bought full control of sports drink maker […]

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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-standing rivals, since Gatorade, the No. 1 ...