SYDNEY: Australia-based soft-drinks bottler Coca-Cola Amatil Ltd (C-C Amatil) launched a A$214mil takeover bid for Neverfail Springwater Ltd yesterday, pushing harder into the fast-growing bottled water market.
Coca-Cola Co, which owns 35% of C-C Amatil, has launched or bought bottled water brands in many developed markets in recent years as it struggles with maturing soft-drinks demand.
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