Coca-Cola To Acquire Residual Stake In Sports Consume Maker BodyArmor For $5.6 Billion

INSUBCONTINENT EXCLUSIVE:
drinks company BodyArmor for $5.6 billion.The beverage giant had bought 15 per cent of BodyArmor in 2018, and will continue to operate the
firm as a separate business in North America, according to a statement.The move is part of the company's efforts to boost its sports drink
portfolio to take on market leader, PepsiCo Inc's Gatorade, agencies reported.Coca-Cola also said that BodyArmor will be managed as a
separate business within its North America operating unit.