Archives for December 14, 2012

Coca-Cola FEMSA buys Coke’s Philippines bottling operation for $688.5m

Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.

Far East in brief

Mitsui eyeing new food acquisition, Japanese still the healthiest

A round-up of the big stories coming from the Far East.

FDA names New Zealand as first country on par with US standards

This week, New Zealand has become the first country in the world to sign an agreement with the US Food and Drug Administration (FDA). The pact recognises each other’s food safety systems as providing a comparable degree of food-safety assurance.