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'We have a very strong and viable strategy': Watkins

Sue Mitchell
Sue MitchellColumnist

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Coca-Cola Amatil boss Alison Watkins says a $9.3 billion takeover proposal by bottler Coca-Cola European Partners is no fait accompli, even though the offer has the support of independent directors and CCA's largest shareholder.

"I think we have a very strong and viable strategy with our regional beverage house strategy with the investments we've made and with the return to growth of the Australian business and the way we've been working with [The Coca-Cola Co]," Ms Watkins told The Australian Financial Review after Amatil and CCEP unveiled the $9.3 billion proposed offer on Monday.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/manufacturing/investors-hand-down-verdict-on-coke-deal-20201027-p568wh