Coca-Cola HBC Expands African Presence With $2.6bn CCBA Acquisition

October 21, (THEWILL) — Coca-Cola HBC AG (Coca-Cola Hellenic Bottling Company) has announced a $2.6 billion deal to acquire a 75% controlling stake in Coca-Cola Beverages Africa (CCBA), significantly expanding its footprint across the African continent. The acquisition involves purchasing 41.5% of CCBA from The Coca-Cola Company and 33.5% from Gutsche Family Investments, valuing CCBA

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