Fiji Water reverses plans to quit Fiji

SUVA, Fiji (AP) - November 30, 2010

The U.S.-owned company says after meeting with Fiji's leader it has agreed to "comply" with the hefty tax hike imposed on it by the military-led regime.

Prime Minister, Commodore Frank Bainimarama, said earlier he was ready to call tenders from international groups interested in taking over the artesian water bores that Fiji Water uses to extract one of the world's most popular bottled water brands.

On Monday the company, owned by California entrepreneurs Linda and Stewart Rescind, said it was closing its facility in Fiji, canceling orders from suppliers.

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