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Mexico's Arca signs letter of intent with Coca-Cola bottling franchise in U.S.

A man carries a cooler as he passes giant bottles of Coca Cola on a beach in Cancun, October 13, 2015. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Mexican bottling company Arca Continental (AC.MX) said on Wednesday it had signed a letter of intent with the Coca-Cola Company and Coca-Cola Bottling Company UNITED to operate the Coca-Cola franchise in parts of the United States.

(Reporting by Gabriela Lopez; Editing by Sandra Maler)