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Tingyi Holdings expects to receive approval from Chinese regulators "very soon" for its tie-up...

Tingyi Holdings expects to receive approval from Chinese regulators "very soon" for its tie-up with Pepsi (PEP). The deal, once approved, will give Tingyi and Pepsi a combined 20% marketshare in China's soft drink market, overtaking Coca-Cola's ~17% marketshare.
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