Coca-Cola Co., the world’s largest beverage company, agreed to buy a 17 percent stake in Monster Beverage Corp. for $2.15 billion, increasing its bet on the burgeoning energy-drink market.

The move is part of a partnership that will include the transfer of Coca-Cola’s NOS, Full Throttle, Burn, Mother, Play and Power Play beverages to Monster, according to a statement today. Monster, meanwhile, will shift Hansen’s natural sodas, Peace tea, Hubert’s lemonade and Hansen’s juice products to Atlanta-based Coca-Cola.

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