Coca-Cola Enterprises Inc. Provides Business Update; Raises Guidance

Coca-Cola Enterprises CCE today announced long-term financial objectives for new CCE and said it expects the pending transaction with The Coca-Cola Company to close in the fourth quarter. In addition, the company increased its full-year 2010 earnings per share guidance for the existing company to a range of $1.78 to $1.82 including a negative currency impact of approximately 7 cents at current levels.