Beverage industry
Coca-Cola HBC to Acquire Controlling Interest in Coca-Cola Beverages Africa for $3.4 Billion
The Coca-Cola Company and Gutsche Family Investments have agreed to sell a 75% controlling interest in Coca-Cola Beverages Africa (CCBA) to Coca-Cola HBC (CCH) for an equity value of $3.4 billion. The transaction values 100% of CCBA, with Coca-Cola HBC acquiring 41.52% of the stake from Coca-Cola and