KKR Nears Completion of Dayao Soda Buyout in Rare Foreign Takeover of Chinese Beverage Brand Dayao previously denied rumors of acquisition talks with Coca-Cola and Vv Group, emphasizing its status as an independent Chinese private company. The KKR deal marks a strategic pivot, and could indicate a shift in how the company plans to scale operations amid an increasingly competitive and health-oriented beverage landscape.
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