logo

BRIEF-The Coca-Cola Co And Coca-Cola Beverages Africa Announce Plans For IPO For Bottler

PUBLISHED: Mon, 19 Apr 2021 10:57:50 GMT

Share

April 19 (Reuters) – Coca-Cola Co:

* THE COCA-COLA COMPANY AND COCA-COLA BEVERAGES AFRICA ANNOUNCE PLANS FOR INITIAL PUBLIC OFFERING FOR BOTTLER

* COCA-COLA CO – CCBA, AFRICA’S LARGEST COCA-COLA BOTTLER, TO BE LISTED AS STANDALONE BUSINESS

* COCA-COLA CO – INTENDS TO SELL A PORTION OF ITS SHAREHOLDING IN CCBA VIA AN INITIAL PUBLIC OFFERING

* COCA-COLA CO – CCBA, AFRICA’S LARGEST COCA-COLA BOTTLER, TO BE LISTED AS STANDALONE BUSINESS

* COCA-COLA CO – COMPANIES INTEND FOR AN IPO WITHIN NEXT 18 MONTHS

* COCA-COLA CO – SHARES WILL BE LISTED IN AMSTERDAM AND JOHANNESBURG, WITH AMSTERDAM BEING PRIMARY EXCHANGE

* COCA-COLA CO – IPO WILL ALLOW CCBA TO OPERATE AS AN INDEPENDENT, AFRICA-FOCUSED, SOUTH AFRICAN-HEADQUARTERED, MANAGED AND DOMICILED BUSINESS Source text for Eikon: Further company coverage:

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED