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Coca-Cola sets eyes on Glaceau

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According to reports from industry sources, Coca-Cola has proposed to acquire vitamin water maker Glaceau. Reports say that the company has filed a notification in this regard to the US regulators. The Tata Group has 30 per cent stake in Glaceau.

Experts believe that Coca-Cola may end up paying anything between $3 billion and $5 billion for the acquisition. Glaceau is the No. 2 maker of enhanced water in the world.

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