Coca-Cola HBC to Hold Shareholder Vote on Africa Bottler Acquisition

GuruFocus
2025.12.17 12:45
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Coca-Cola HBC plans an extraordinary general meeting on Jan. 19, 2026, to seek shareholder approval for acquiring 75% of Coca-Cola Beverages Africa. The acquisition involves $1.3 billion in cash from Coca-Cola affiliates and $308 million in cash plus shares from Gutsche Family Investments. Governance changes and capital measures will be proposed. Coca-Cola HBC may buy the remaining 25% within three to five years.