Coke buys stake in ‘ethical’ drinks firm

Coca-Cola, the world’s largest soft drinks group, has bought a minority stake in Innocent, the British fruit drink and "smoothie" maker that boasts of its ethical stance. Innocent said on its Web site the U.S. firm had paid £30 million ($44 million) for a stake of “between 10 and 20 percent” to fund plans to expand in Europe.

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