If the acquisition of Huiyuan Juice Company were successful, the following scenarios could happen:
First: with the added asset and aggressive management of Coca Cola, it might start acquiring other smaller juice companies. This will reduce competition and hurts consumers
interest;
Second: since Huiyuan Juice is a big competitor and the Chinese prefer fruit juice which is more nutritious, Coca Cola might slowing weaken Huiyuan market share by slowly weaken its operation by many means, such as abandoning land that produce the fruits for the juice, or reducing it's distribution channels and many other steps that will accomplish the objective: to remove Huiyuan as competitor.
Third: Huiyuan is a very successful domestic producer, its success contribute to many sectors of the economy, labor, fertlizers, transportation. It has a brand name and its products are distributed throughout the the world. Any chance that a mishap could happen to this company after acquisition by Coca Cola is tantamount to a national loss and will grief most Chinese.
We must remember, Coca Cola is buying Huiyuan, which means it will own Huiyuan and can do anything with it; this is quite different from other companies that purchase shares (less than 50%) of other Chinese companies with no overiding votes in running those companies. The Chinese Commerce Department made a very wise decision.
We couldn't take any chance that any of the above cited events might occur after Coca Cola acquire Huiyuan so I fully agree with its decision.
Bennett Dy

Of course, Fruta Modrice's share price skyrocketed.

After enough normal people got sucked into buying Fruta Modrice shares on the basis of this "good news", Coca-Cola announced that they were terminating the agreement because Fruta Modrice's bottling equipment wasn't up to standards. (Didn't Coca-Cola check the equipment **before** announcing the deal?)

The situation with China Huiyuan Juice Group's shares seems very similar.