Coca-Cola European Partners in talks to buy Coca-Cola Amatil

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The details of the deal which has not yet been finalised could be announced within few days, Bloomberg reported, citing people familiar with the matter.

A deal would be the largest involving an Australian company this year, Bloomberg said.

U.S.-based Coca-Cola Co (N:KO) owns a 19.11% stake in Coca-Cola European Partners, the world’s largest independent bottler of Coca-Cola, Refinitiv Eikon data shows.

Shares in bottler Coca-Cola Amatil were halted on Thursday pending an announcement on a “potential material transaction”.

Nieth company could be reached for comment outside business hours.

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