Mergers & acquisitions

Coca-Cola Co. (NYSE: KO) said that it will sell some of its U.S. distribution territory to five independent Cola-Cola bottlers.

Nestlé SA has received Mexican antitrust approval to sell Pfizer Inc.’s (NYSE: PFE) infant formula business in Mexico to a third party.

The Carlyle Group and Onex Partners plan to sell 22 million shares of Allison Transmission (NYSE: ALSN), an Indianapolis-based maker of vehicle transmissions, via a secondary public offering. The deal would be valued at around $523 million, based on last Friday’s closing price of $23.79 per share. Allison went public in March 2012 at $23 per share. The sale would drop each firm’s ownership from 40.7% to between 33.9% and 34.8%.

PowerSecure International Inc. (Nasdaq: POWR) has acquired Solais Lighting Inc., a Stamford, Conn.-based maker of LED lamps and fixtures for commercial and industrial applications. The deal was valued at approximately $15 million in cash and stock. Solais investors included Connecticut Innovations,FreshTracks Capital and Long River

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