Advertise with fastmoving.co.za
 
 

AB InBev completes $3.15 billion Coca-Cola Africa transition

Oct 25th 2017, 09:02

The world's largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for U.S.$3.15 billion after customary adjustments. This comes after AB InBev last year acquired SABMiller for U.S.$104 billion and reached an agreement to transition AB InBev’s 54.5 percent equity stake in CCBA to Coca-Cola.
Click here to view the newsletter