Coca-Cola sells African bottling stake in $2.6bn deal
European bottler’s acquisition creates second-biggest business in soft drink giant’s distribution system
European bottler’s acquisition creates second-biggest business in soft drink giant’s distribution system

Coke had been seeking about £2bn after paying £3.9bn for UK chain in 2018

UK chain hit by rising costs and competition from upmarket rivals

Owner and preferred bidder TDR Capital are trying to rescue deal after failing to agree on price

Global companies offloaded everything from ice cream to cement businesses in 2025

Reliance Industries plots aggressive growth for Campa Cola

Pact could pave the way for a break-up of the US drinks giant