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Forged in Purgatory

iChinaForum is proud to present the first ever personal account of the Cultural Revolution written and published by a high ranking political insider in English. [Learn More]

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The Honeymoon is Over: Death of the Coke-Huiyuan Deal

Wang Wei The Honeymoon is Over: Death of the Coke-Huiyuan Deal

For decades international investors have grown their businesses in China both organically and by mergers and acquisitions.  In 2009, Coca-Cola and Huiyuan, China’s largest juice company, agreed to combine. If consummated, it would have been the largest foreign acquisition of a Chinese company in history. The Chinese regulatory authority blocked the deal as having an anti-competitive impact on the market. Executives at both Coca-Cola and Huiyuan, and many professional financial and strategic investors, were shocked.

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