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10 months ago
BRIEF-Coca-Cola exercises call option to acquire Anheuser-Busch Inbev's stake in Coca-Cola Beverages Africa
October 10, 2016 / 9:36 PM / 10 months ago

BRIEF-Coca-Cola exercises call option to acquire Anheuser-Busch Inbev's stake in Coca-Cola Beverages Africa

Oct 10 (Reuters) - Coca-cola Co

* The Coca-Cola Company exercises call option to acquire Anheuser-Busch Inbev's stake in Coca-Cola Beverages Africa

* Coca-Cola Co - Intention to acquire Anheuser-Busch Inbev's (ABI) stake in Coca-Cola Beverages Africa

* Coca-Cola Co - also will continue negotiations with potential partners, and plans to refranchise CCBA as soon as practical following regulatory approval

* Company's intent is to account for acquired stake as a discontinued operation for reporting purposes

* Says during next few months co will negotiate terms of transaction with ABI according to contractual parameters Source text for Eikon: Further company coverage:

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