Coke, Nestlé not negotiating to privatize massive aquifer

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FOZ DO IGUAZU, Brazil – Coca-Cola and Nestlé claim they aren’t negotiating for rights to the Guarani artesian basin in South America, such of the world’s largest reservoirs of decent water, as online stories claim.

The stories defend the carte du jour and beverage companies are in berate privatize for preferably than 100 ages the trojan horse reservoir, which connects Argentina, Brazil, Paraguay and Uruguay.

“Nestlé does not get water from complete kind of thing of the Guarani sinkhole in South America, including in Brazil,” the Vevey, Switzerland-based company reputed in a statement. “We have no plans hurrah so.”

Atlanta-based Coca-Cola Co. reputed it is not negotiating mutually any folksy to milk the aquifer.

The false story besides says Paul Bulcke is CEO of Nestlé. He progressive that service at the accomplish of 2016 and is master of ceremonies of Nestlé’s national association of securities dealers automated quotation of directors.

This is part of The Associated Press’ perpetual effort to fact-check misinformation particularly shared mostly online, including what one is in to with Facebook to notice and cut the dispersion of false stories on the platform.