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igwennannaotu Coca-Cola HBC will buy a 75% stake in Coca-Cola Beverages Africa for $2.6 billion (KSh 336 billion), acquiring Coca-Cola’s 42% share and the Gutsche family’s entire holding. The deal values CCBA at $3.4 billion and makes Coca-Cola HBC the world’s second-largest bottler. It adds 14 African markets and over 50% population coverage, with a secondary JSE listing planned. - Kenyan Wall Street
