Coca-Cola (KO -0.35%) looks to exploit the large non-alcoholic drinks market in the Middle East...

|About: The Coca-Cola Company (KO)|By:, SA News Editor

Coca-Cola (KO -0.35%) looks to exploit the large non-alcoholic drinks market in the Middle East with the $980M purchase of about half of the equity in the beverage business of Saudi Arabia's Aujan Industries. Aujan Chairman Adel Aujan hopes to double annual revenue in five years from the current 3B riyals ($800M). (PR)