Chinese authorities have blocked a $2.4bn (£1.7bn) bid by Coca-Cola to acquire Chinese beverage maker Huiyuan Juice Group, prompting concerns about the impact the decision will have on M&A in the region. The deal, which would have represented the largest ever takeover of a Chinese target by a foreign company, was rejected in one of the first major tests of the country's recently-adopted antitrust law.
March 25, 2009 at 10:38 PM
1 minute read
The original version of this story was published on Legalweek
Firms gauge China M&A prospects under new antitrust regime
Chinese authorities have blocked a $2.4bn (£1.7bn) bid by Coca-Cola to acquire Chinese beverage maker Huiyuan Juice Group, prompting concerns about the impact the decision will have on M&A in the region.
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