China Huiyuan Juice Group Limited (Simplified Chinese: 中国汇源果汁集团有限公司, Traditional Chinese: 中國匯源果汁集團有限公司) , established in 1992 and headquartered in Beijing

Beijing

Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

, is the largest privately-owned juice

Juice

Juice is the liquid that is naturally contained in fruit or vegetable tissue.Juice is prepared by mechanically squeezing or macerating fruit or vegetable flesh without the application of heat or solvents. For example, orange juice is the liquid extract of the fruit of the orange tree...

 producer in China. It is engaged in the manufacture and sales

Sales

A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....

 of juice and other beverage products. Its products include fruit juice and vegetable juice

Vegetable juice

Vegetable juice is a drink made primarily of blended vegetables. Vegetable juice is often mixed with fruits such as tomatoes or grapes to improve flavor...

, nectars

Nectar (drink)

Nectars are a type of non-carbonated soft drink made with fruit juice.In some countries, the beverage industry distinguishes nectars from drinks labeled as "juice"...

, bottled water

Bottled water

Bottled water is drinking water packaged in plastic or glass water bottles. Bottled water may be carbonated or not...

, tea

Tea

Tea is an aromatic beverage prepared by adding cured leaves of the Camellia sinensis plant to hot water. The term also refers to the plant itself. After water, tea is the most widely consumed beverage in the world...

, and dairy

Dairy

A dairy is a business enterprise established for the harvesting of animal milk—mostly from cows or goats, but also from buffalo, sheep, horses or camels —for human consumption. A dairy is typically located on a dedicated dairy farm or section of a multi-purpose farm that is concerned...

 drinks. It was listed on the Hong Kong Stock Exchange

Hong Kong Stock Exchange

The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

 in 2007.

In 3 September 2008, Atlantic Industries, the full subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of Coca Cola Company agreed to buy China Huiyuan Juice for HK$17.9 billion at HK$12.20 per share, three times more than its closing price of HK$4.14 on the previous day. Its shares closed at HK$10.94 on that day. The proposed takeover was subject to anti-monopoly

Monopoly

A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity...

 review by the Chinese Ministry of Commerce, which was scheduled to finish on 20 March 2009. On 17 March, it was reported that Coca Cola was considering abandoning the deal, as Chinese authorities insisted on relinquishing the Huiyuan brand name after acquisition. On 18 March, the Ministry of Commerce disallowed the bid, citing market competition concerns.