Monster Beverage enters into long-term commercial relationship with Coca-Cola and receives net cash payment of $2.15 billion

Client(s) Monster Beverage Corporation

Jones Day represented Monster Beverage Corporation in connection with a series of transactions involving The Coca-Cola Company for a long-term commercial relationship in which Coke transferred its global energy drink business to Monster, Monster transferred its non-energy business and 16.7% of its common stock to Coke, the parties realigned their global distribution relationship, and Coca-Cola made a net cash payment of $2.15 billion to Monster.

In addition to providing M&A representation, Jones Day provided antitrust and tax advice regarding this transaction.