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Tag: JSE

Coca-Cola HBC AG agrees to acquire 75% shareholding in Coca-Cola Beverages Africa for $2.6 billion

Posted on October 21, 2025October 21, 2025

LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4 billion….

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