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| Name | Symbol | Market | Type |
|---|---|---|---|
| Swire Pacific Ltd (PK) | USOTC:SWRAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | 0.34% | 8.74 | 8.67 | 8.78 | 8.775 | 8.73 | 8.7472 | 28,068 | 21:00:53 |
From May 2019 to May 2024
By Chester Yung
HONG KONG--Swire Pacific Ltd. (0019.HK) said Monday that it has agreed to buy distribution and production assets in the U.S. Pacific Northwest for about US$170.1 million, in a bid to boost the firm's beverage business there.
The Hong Kong-listed conglomerate said it agreed to buy the assets, which are in or relate to the states of Washington, Oregon and Idaho, from Coca-Cola Refreshments USA Inc. and BCI Coca-Cola Bottling Company of Los Angeles.
The deal is expected to be completed in 2017, Swire Pacific said in the statement, adding that the consideration of the acquisition is subject to adjustment.
Write to Chester Yung at chester.yung@wsj.com
(END) Dow Jones Newswires
October 31, 2016 00:50 ET (04:50 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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