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Friday, May 13, 2016

[fm]: Coca-Cola HBC would consider expanding in Africa


Coca-Cola HBC, a bottler of Coca-Cola drinks, is open to further acquisitions in Africa if the right opportunity became available, its chief executive said on Friday.
Coca-Cola and brewer SABMiller are combining their African soft drink bottling operations, but the future ownership could change, since SABMiller is in the process of being bought by Anheuser-Busch InBev.
The chief executive of Coca-Cola HBC, which has extensive experience operating in Nigeria, said it was too early to comment on the impact of those deals, but in response to a question added that if "the right strategic opportunity" were to come along, it would "certainly (be) something we would consider".
By: Reuters. 
Photo: Wikipedia. 
Review: Emerging Market Formulations & Research Unit, Flagship Records.
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