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Anheuser-Busch InBev Sheds Majority Interest In Coke’s African Bottler, CCBA

October 4, 2017: 12:00 AM EST
Anheuser-Busch InBev (AB InBev) has completed the transfer of its majority interest in Coca Cola Beverages Africa (CCBA), the largest Coke bottler in Africa, to Coca-Cola Co., which will continue working to refranchise the company. AB InBev had owned 54.5 percent of CCBA, formed in 2016 by combining the African non-alcoholic ready-to-drink bottling interests of SABMiller plc, Coca-Cola, and Gutsche Family Investments. Coca-Cola has a conditional agreement to acquire AB InBev’s interest in bottling operations in Zambia, Zimbabwe, Botswana, Swaziland, Lesotho, El Salvador, and Honduras.
"The Coca-Cola Company and AB InBev Complete Transition of Majority Ownership in Coca-Cola Beverages Africa", News release, The Coca-Cola Co., October 04, 2017, © Coca-Cola Co.
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