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NYSE Euronext welcomes Coke to its European market
Coca-Cola Enterprises celebrated its Fast Path secondary listing on NYSE Euronext in Paris recently.
CCE is the first NYSE-listed company in 2011 to take advantage of this streamlined, cost-effective process and the 11th to do so since the facility was made available by NYSE Euronext in 2008.
The decision for Coca-Cola Enterprises to list on NYSE Euronext in Paris followed the separation of its European operations from its North American business, which was assumed by The Coca-Cola Company, and its simultaneous acquisition of The Coca-Cola Company’s bottling operations in Norway and Sweden in October 2010.
Coca-Cola Enterprises employs 13,500 employees across Western Europe, where the company distributes a wide range of beverages, including regular, no– and low-calorie sparkling, energy and sports drinks, waters, juices and juice drinks, coffees and teas.
Coca-Cola Enterprises’ Common Stock was admitted to listing and trading on NYSE Euronext by direct listing of the existing 340,763,680 shares making up the company’s capital stock.
Source: Coca-Cola Enterprises
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