Headlines

Coke Takes Full Control of Innocent

Coca-Cola is taking full control of Innocent smoothies in a deal that will make millions of pounds for the company's founders. Coke, which first bought an 18% stake in the company in 2009, refused to disclose the terms of the deal but is likely to have paid substantially more than the £76m it paid for a further 38% in 2010. (The Guardian)