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

Other News

Kim & Chang maintains top spot in Korean M&A legal advisory

by Asian Legal Business《亚洲法律杂志》 |

South Korea's largest law firm, Kim & Chang, has retained its leading position in the country's mergers and acquisitions (M&A) legal advisory market for the first nine months of 2023, according to data released on Oct. 3.

Deals

Ropes, AMT, Nishimura act on Bain’s $694mln Japanese motorcycle ride

by Nimitt Dixit |

Ropes & Gray and Anderson Mori & Tomotsune have advised global private equity giant Bain Capital on its $694 million majority acquisition of Red Baron Group - Japan’s largest used-bike dealer.

Deals

AZB, STB act on OYO’s $525 mln U.S. bet

by Nimitt Dixit |

AZB & Partners has acted for Oravel Stays, the parent of e-hotelier OYO, on its proposed $525 million acquisition of U.S. motel operator G6 Hospitality from PE fund Blackstone. Simpson Thacher & Bartlett acted for Blackstone on the deal.