Skadden is advising The Coca-Cola Company on a long-term strategic partnership with Monster Beverage Corporation, announced August 14. As part of the partnership, Coca-Cola will acquire a 16.7 percent stake in Monster for $2.15 billion. Coca-Cola will transfer its worldwide energy drink business to Monster; in exchange, Monster will issue Coca-Cola shares of its common stock and transfer its non-energy beverage business to Coca-Cola. Coca-Cola will become Monster’s preferred distribution partner globally.

BACK TO TOP