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Coca-Cola
may buy Highland Spirits
London: Coca-Cola Co. is said to be in talks to buy
Britain's No. 2 bottled water brand Highland Spring for
500 million pounds ($992.7 million) according to reports
in British newspapers.
UK
newspapers 'The Sunday Times' and 'Sunday Telegraph',
reported Coke that Coca-Cola Corp, the world's No. 1 beverage
company, was in talks with Highland Spring, owned by the
Dubai based Tajir family.
Coke's
earlier venture into the British water market three years
ago did not succeed following reports that its Dasani
bottled water was not much more than filtered tap water.
The product was hastily withdrawn from British shops.
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Goldman
Sachs to increase headcount
New York: Goldman Sachs Group Inc, the health of which
is an indicator of Wall Street's health expects its head
count to increase in the high single-digits this year.
That's within the range of previous years, a Goldman Sachs
spokesman said.
The
hiring trends of Wall Street investment banks have come
under watch for indications of a slowdown from record-setting
profits.
"We
are continuing to recruit laterally and at colleges and
universities," Goldman Sachs said in a statement.
"We expect to grow this year in the high single-digits.
However, as with all expenses, we continually monitor
hiring to ensure it is both prudent and appropriate,"
the investment bank said.
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