Skip to main content
news
Bottles of Coca-Cola are pictured during a news conference in Paris, France, April 20, 2017. REUTERS/Benoit Tessier 

 

Slaughter and May, Villaraza & Angangco, Skadden, Arps, Slate, Meagher & Flom, SyCip Salazar Hernandez & Gatmaitan have advised the buyers on a $1.8 billion acquisition of Coca-Cola Beverages Philippines (CCBPI) from Coca-Cola.

Slaughters and V&A represented bottler Coca-Cola Europacific Partners (CCEP), while Skadden and SyCipLaw acted for Aboitiz Equity Ventures.

With this acquisition, CCEP aims to become the world's largest Coca-Cola bottler by revenue and volumes by expanding in Asia, Reuters reported. The deal will be in cash, and the ownership of CCBPI will be divided 60:40 between CCEP and Aboitiz upon completion, Reuters added.

The Slaughter and May team was led by partners Roland Turnill, Robert Innes, Claire Cooke, Jordan Ellison, Duncan Blaikie and Charles Osborne. The Villaraza & Angangco team was led by senior partner Franchette M. Acosta and partner Kristin Charisse C. Siao.

Meanwhile, the Skadden team was headed by partners Jonathan Stone and Rajeev Duggal, and includes partners Andrew Foster, Rory McAlpine and Victor Hollender, and partner Arlene M. Maneja shepherded the SyCipLaw team.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

Khaitan, SAM, Sidley advise on Torrent Power’s $413 mln QIP

by Nimitt Dixit |

Indian law firm Khaitan & Co has advised Torrent Power on its equity offering of $413 million through a qualified institutional placement of shares. Shardul Amarchand Mangaldas & Co and Sidley Austin advised the bookrunning lead managers on the deal.

Deals

IndusLaw guides Zepto’s $350 mln funding round

by Nimitt Dixit |

IndusLaw has guided Indian quick commerce company Zepto on its latest $350 million funding round led by Motilal Oswal's Private Wealth division.

Deals

9 firms advise on milestone $8.2 bln cross-border insurance deal

by Sarah Wong |

Global law firms Debevoise & Plimpton, Kirkland & Ellis and Herbert Smith Freehills are acting for Bermuda-based insurer Resolution Life on its $8.2 billion sale to Japan’s Nippon Life Insurance, the largest overseas acquisition by a Japanese insurer to date.