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Coca-Cola to buy controlling stake in sports drink maker BodyArmor for $5.6 bln - Reuters

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Nov 1 (Reuters) - Coca-Cola Co said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports drink portfolio to take on market leader, PepsiCo Inc’s Gatorade.

Reporting by Uday Sampath and Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli

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Coca-Cola to buy controlling stake in sports drink maker BodyArmor for $5.6 bln - Reuters
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