logo
Plus   Neg
Share
Email

Heineken's Kaiser To Stay With Coca-Cola Distribution System Until 2022

Dutch brewer Heineken N.V. (HKHHF.PK) said that the Arbitral Tribunal concluded that Cervejarias Kaiser Brasil S.A., one of the company subsidiaries in Brazil, must keep its current agreements with Coca-Cola Brazil and the Brazilian Bottlers and stay with the Coca-Cola Distribution System until 19 March 2022.

Heineken said its other subsidiary in Brazil---i.e. former Brasil Kirin, acquired by Heineken in June 2017--- will continue business as usual.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Santa Cruz Bicycles LLC has recalled certain model year 2020 bicycles with aluminum frames citing fall risks, according to the U.S. Consumer Product Safety Commission. The recall involves about 2,900 units of model year 2020 Auminum Santa Cruz and Juliana Bicycles. In addition, about 216 were sold in Canada. AstraZeneca is mulling an additional global trial to confirm the 90% efficacy rate of its Covid-19 vaccine candidate at lower dosage, Bloomberg news quoted Chief Executive Officer Pascal Soriot as saying. In an interview, Soriot noted that instead of adding the trial to an ongoing U.S. process, the company might launch a fresh study to evaluate efficacy of lower dosage of its vaccine that perform U.S. airline Delta Air Lines, Inc. and its Italian codeshare partner Alitalia are planning to launch quarantine-free, COVID-free flights between U.S. and Europe through new testing protocols, starting in December. In a statement, Delta said it has signed deals with airports and governments eliminating quarantine requirements on COVID-tested flights connecting Atlanta and Rome.
RELATED NEWS
Follow RTT