Advertisement
UK markets close in 5 minutes
  • FTSE 100

    8,041.74
    +17.87 (+0.22%)
     
  • FTSE 250

    19,761.82
    +162.43 (+0.83%)
     
  • AIM

    755.44
    +6.26 (+0.84%)
     
  • GBP/EUR

    1.1628
    +0.0039 (+0.33%)
     
  • GBP/USD

    1.2443
    +0.0093 (+0.75%)
     
  • Bitcoin GBP

    53,592.18
    +676.34 (+1.28%)
     
  • CMC Crypto 200

    1,437.94
    +23.18 (+1.64%)
     
  • S&P 500

    5,066.58
    +55.98 (+1.12%)
     
  • DOW

    38,469.36
    +229.38 (+0.60%)
     
  • CRUDE OIL

    82.65
    +0.75 (+0.92%)
     
  • GOLD FUTURES

    2,332.90
    -13.50 (-0.58%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,115.20
    +254.40 (+1.42%)
     
  • CAC 40

    8,100.28
    +59.92 (+0.75%)
     

Coca-Cola is investing in a Gatorade competitor, and it should scare Pepsi and Dr. Pepper (KO)

Coca-Cola is investing in a Gatorade competitor, and it should scare Pepsi and Dr. Pepper (KO)

Coca-Cola is taking a minority stake in sports-drink brand BODYARMOR, the beverage giant announced on Tuesday. The deal represents Coca-Cola's increasing investment in beverages — especially smaller and lesser-known brands — outside of its trademark cola business. BODYARMOR is an up-and-coming rival to Gatorade and is owned by PepsiCo.