Vending

Coca-Cola set to acquire BodyArmor

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October 29, 2021

The Coca-Cola Co. is nearing the acquisition of a controlling stake in BodyArmor, a sports drink manufacturer, according to a Bloomberg report. Sources indicated the transaction would value the company at around $8 billion.

A Coca-Cola spokesman chose not to comment, while BodyArmor did not respond to a request for comment.

Coca-Cola acquired a minority stake in BodyArmor in 2018.