News Formal

Coca-Cola retrenchments breached merger conditions, watchdog rules | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Competition Appeal Court has ruled that there was a breach of merger conditions when Coca-Cola Beverages SA retrenched 368 bargaining unit employees in 2019. | Fin24

, when Coca-Cola acquired SABMiller’s CCBA stake.

The Competition Commission then issued a Notice of Apparent Breach, which was set aside by the Competition Tribunal last year on the grounds that it believed CCBA had complied with the conditions of the merger.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines