Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Prarthana Prakash

Coca-Cola is going reverse Yankee by selling €1 billion of Euro debt to cover a potential tax charge

Young woman drinking a can of Coca-Cola (Credit: NUTAN/Gamma-Rapho/Getty Images)

Coca-Cola is a behemoth in every right. That means big profits and financial implications with a multi-billion-dollar price tag.

The company, which sells its eponymous drink pretty much in every part of the world, has been in a long-drawn dispute with tax authorities in the U.S. over a $16 billion charge that it could possibly owe. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.