Coca-Cola HBC AG has reached a definitive agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa (CCBA) for US$2.6 billion. The acquisition from The Coca-Cola Company and Gutsche Family Investments values CCBA at US$3.4 billion and positions Coca-Cola HBC as the second-largest Coca-Cola bottler globally by volume. CCBA operates across …
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