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SYDNEY/BENGALURU (Reuters) - The Coca-Cola Co's KO.N European bottler has made a A$9.28 billion ($6.6 billion) buyout approach for Australian peer Coca-Cola Amatil Ltd CCL.AX , a cut-price proposal that the target firm has backed due to uncertainty related to the coronavirus. FILE PHOTO: Workers walk at PT Coca-Cola Amatil Indonesia's factory in Cibitung, Indonesia's West Java province, February 24, 2011. REUTERS/Beawiharta. The deal would be the biggest takeover involving Australia this year but prices the target company below its market valuation in February, before fears of a COVID-19 pandemic began to rock global markets and plunged the world into recession. The support from the Austra... Full story

26 October