Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 ...
The deal uses a bridge loan and 5.47% share issue to GFI, plus an option over TCCC’s remaining 25% of CCBA to reach full ...
Coca-Cola expects to take an impairment charge of about $1 billion during the fourth quarter of 2025 related to the sale of a ...
Coca-Cola HBC said the acquisition would “materially expand” its presence in Africa. The company has operations in Egypt and ...
Coca-Cola HBC’s share price dropped on Tuesday after the company announced significant acquisition activity in Africa and ...
CCBA, the largest Coca‑Cola bottler in Africa, operates in 14 countries and accounts for about 40% of all Coca‑Cola product ...
Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola ...
As part of the deal, Coca-Cola HBC plans a secondary listing on the Johannesburg Stock Exchange 'to underpin its commitment ...
The US soft-drinks giant is handing control of its African bottler, CCBA, to another partner and distributor, Coca-Cola HBC.
(Reuters) -Swiss-based bottler Coca-Cola HBC has agreed to buy a 75% stake in its African counterpart for a total of $2.6 ...
Coca-Cola HBC is set to acquire Coca-Cola Beverages Africa in a $3.4 billion deal, which will make it the leading Coca-Cola ...
Coca-Cola HBC will acquire a majority stake in Coca-Cola Beverages Africa for $2.6 billion, expanding its footprint and ...