The European arm of Coca-Cola is in talks to acquire Australia's Coca-Cola Amatil

  • Reports are the negotiations are advanced
  • could be announced within days
  • Coca-Cola Amatil has a market value around AUD7.8 bn
  • trading in its shares was halted on Oct 23

This has obvious euro AUD implications. Do be aware though the hedge may be a;ltready in place.

UPDATE - a bid has been made, Coca Cola Europa has made an offer to buy CC AMAtil at AUD 12.75 a share