Coke Halted by Chinese Puzzle
Alice’s Adventures in Wonderland has nothing on the Chinese government. Coca-Cola (KO) is eager to complete its planned $2.5 billion takeover of China Huiyuan Juice Group and vows to do “whatever it takes to facilitate this process.” However China’s state television says the deal must comply with the new anti-monopoly law that took effect August 1. Just one thing: Beijing has released no details of what’s required for compliance.Talk about falling down a rabbit hole eh? Apparently China’s new anti-monopoly law can mean anything recalling this insight from Humpty Dumpty: “ 'When I use a word ” Humpty Dumpty ...
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