Coca-Cola to incur $1 billion charge for African bottling stake sale
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Coca-Cola plans to incur a $1 billion impairment charge in Q4 2025 due to the sale of a 75% stake in its African bottling operations to Coca-Cola HBC for $2.6 billion. This acquisition will make Coca-Cola HBC the second-largest Coca-Cola bottler globally and is expected to close by late 2026. The deal aims to capitalize on growing demand in Africa and mitigate rising cost pressures. Coca-Cola reported strong Q3 results, driven by demand for its zero-sugar drinks and Fairlife.
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