Coca-Cola China announced plans to acquire the entire stake in cash of Xiamen Culiangwang Beverage Technology Co Ltd, a Chinese plant-based protein drinks maker. The transaction is valued at about USD400 million. Headquartered in Xiamen, Fujian province, Xiamen Culiangwang is a subsidiary of Hong Kong-listed China Culiangwang Beverages Holdings Ltd. The company’s top-selling products are […]