Coca-Cola buys $5.6 billion stake in Body Armor sports drinks

Yahoo Finance published this video item, entitled “Coca-Cola buys $5.6 billion stake in Body Armor sports drinks” – below is their description.

#shorts #CocaCola #BodyArmor

Yahoo Finance’s Brian Sozzi and Emily McCormick reports on Coca-Cola acquiring Body Armor for $5.6 billion, making it Coke’s largest ever brand acquisition.

Yahoo Finance YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


In This Story: BodyArmor

Bodyarmor SuperDrink is an American sports drink and fully-owned subsidiary of The Coca-Cola Company based in Queens, New York. It was founded in 2011 by Lance Collins, founder of Fuze Beverage and NOS Energy Drink, and Mike Repole, co-founder of Energy Brands, vitaminwater, and Smartwater.

3 Recent Items: BodyArmor

Role of body armor scrutinized in mass shooting debate | ABCNL

Swagu and Perk Podcast: Von Miller trade reax & real talk about mental health and sports | Episode 2

Coca-Cola to purchase full stake in BodyArmor

In This Story: Coca-Cola

The Coca-Cola Company (NYSE: KO) is an American multinational beverage corporation incorporated under Delaware’s General Corporation Law and headquartered in Atlanta, Georgia. The Coca-Cola Company has interests in the manufacturing, retailing, and marketing of nonalcoholic beverage concentrates and syrups.

The company produces Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton. In 1889, the formula and brand were sold for $2,300 (roughly $67,000 today) to Asa Griggs Candler, who incorporated The Coca-Cola Company in Atlanta in 1892.

The company has operated a franchised distribution system since 1889. The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. The company owns its anchor bottler in North America, Coca-Cola Refreshments.

The company’s stock is listed on the NYSE and is part of DJIA and the S&P 500 and S&P 100 indexes. Revenue US$37.27 billion (2019).

3 Recent Items: Coca-Cola

Coca-Cola CEO James Quincey on inflation, pricing trends and AI impact

Tonight Show Sponsors: Hallmark Channel, IKEA | The Tonight Show Starring Jimmy Fallon

Final Trades: Marathon Petroleum, Coca-Cola, Retail, Pfizer

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.