Coke's (KO) BODYARMOR Deal Negative for Keurig Dr Pepper (KDP), Wait-and-See for Monster (MNST) - Deutsche Bank

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Go back to Coke's (KO) BODYARMOR Deal Negative for Keurig Dr Pepper (KDP), Wait-and-See for Monster (MNST) - Deutsche Bank

The Coca-Cola Company and BODYARMOR Announce New Strategic Relationship

August 14, 2018 6:00 AM EDT

Coca-Cola to Acquire Minority Stake in BODYARMOR with Path to Ownership Under Defined Terms

BODYARMOR to Gain Access to U.S. Coca-Cola Bottling System with Future Potential for Global Expansion

Agreement Creates Value for Both Companies in the Fast-Growing Sports Performance and Premium Hydration Categories

ATLANTA & WHITESTONE, N.Y.--(BUSINESS WIRE)-- The Coca-Cola Company and BODYARMOR today announced that they have entered into a definitive agreement through which Coca-Cola will acquire a minority ownership stake in BODYARMOR. Through the agreement, BODYARMOR will... More