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Keurig Dr Pepper raises its bets on energy drinks with $990 mln deal for Ghost

UPDATE 6-Keurig Dr Pepper raises its bets on energy drinks with $990 mln deal for Ghost Adds CEO comment in paragraph 5, analyst comment in paragraph 7, updates share movement in paragraph 12 By Ananya Mariam Rajesh Oct 24 (Reuters) - Keurig Dr Pepper KDP.O is buying a 60% stake in energy-drink maker Ghost for $990 million, with a plan to purchase the rest in 2028, as it looks to spruce up its refreshment beverages portfolio, they said on Thursday.
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Coca-Cola eyes top-end of 2024 sales view on resilient soda demand in US

UPDATE 4-Coca-Cola eyes top-end of 2024 sales view on resilient soda demand in US Expects annual organic sales of about 10% Posts surprise rise in third-quarter revenue Shares dip 2% as CEO flags China, Middle East weakness Adds analyst comment in paragraphs 5-6, updates shares in paragraph 2 By Ananya Mariam Rajesh Oct 23 (Reuters) - Coca-Cola KO.N is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S.
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Coca-Cola expects revenue at high-end of previous forecast

Coca-Cola expects revenue at high-end of previous forecast Oct 23 (Reuters) - Coca-Cola KO.N said on Wednesday it expects annual organic sales at high-end of its previous range, betting on growing demand in the U.S., India and South Korea even as growth concerns in China and Middle East linger. The company expects fiscal 2024 organic sales to grow about 10% compared with a prior forecast of 9 % to 10% rise.
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UK's CMA launches formal probe into Carlsberg-Britvic deal

UPDATE 2-UK's CMA launches formal probe into Carlsberg-Britvic deal CMA sets Dec 18 deadline for Phase 1 decision Carlsberg says CMA investigation is normal process, Britvic declines comment Adds background in paragraph 3, Britvic's response in paragraph 6 Oct 23 (Reuters) - Britain's Competition and Markets Authority(CMA) launched a formal investigation into Carlsberg's CARLb.CO 3.3 billion pounds ($4.28 billion) deal with Britvic BVIC.L , the regulator said on Wednesday.
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Pepsi India bottler Varun Beverages tops Q3 profit view on healthy international demand

Pepsi India bottler Varun Beverages tops Q3 profit view on healthy international demand Oct 22 (Reuters) - Pepsi India bottler Varun Beverages' VARB.NS third-quarter profit exceeded analysts' expectations on Tuesday as healthy demand for soda in its international markets helped outweigh a monsoon-hit domestic market. The company's net profit rose nearly 24% to 6.20 billion rupees ($73.8 million), beating analysts' expectation of 5.76 billion rupees, per LSEG data.
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