CVC Capital Partners in bid for buyout of Coca-Cola Korea Bottling Company (CCKBC)
According to Reuters, the private equity fund CVC Capital Partners has teamed up with the Korean food company, Woongjin Foods, to bid for the purchase of Coca-Cola Korea Bottling Company (CCKBC) from Coca-Cola Amatil. Other bidders for the KOrean Coca-Cola operations include the Korean food and beverage firms CJ, Lotte ChilsungDongwon F&B, Namyang Dairy Products, Samlip General Foods and SPC.