Publicis Groupe SA’s merger with Omnicom Group Inc. won’t just create the world’s largest advertising company: it will mean longtime rivals such as Coca- Cola Co. and PepsiCo Inc. are sharing the same firm.
Workers at a Brampton, Ontario-based bottling plant operated by Coca-Cola Co., the world’s largest soda maker, ended a three-week strike after approving a three- year contract, the Canadian Auto Workers Union said in a statement today.
Barry Diller agreed to pay $480,000 to settle a U.S. Federal Trade Commission complaint that he broke antitrust law by purchasing almost a million shares of Coca-Cola Co. without reporting the transactions.
Coca-Cola Co. will expand calorie labeling to the front of all packages and reiterated its pledge not to advertise to children under 12 anywhere as the world’s largest soft-drink maker fights criticism that it is contributing to obesity.
SodaStream International Ltd. surged to the highest price since 2011 in New York trading after Israeli media reported that PepsiCo Inc. and Coca-Cola Co. are considering bids for the home soda-machine maker.