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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Coca-cola Hbc Ag | LSE:CCH | London | Ordinary Share | CH0198251305 | ORD CHF6.70 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18.00 | 0.71% | 2,536.00 | 2,534.00 | 2,536.00 | 2,540.00 | 2,524.00 | 2,526.00 | 754,878 | 16:29:53 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Btld & Can Soft Drinks,water | 10.18B | 636.5M | 1.7061 | 14.86 | 9.46B |
From Apr 2019 to Apr 2024
LONDON--Coca-Cola HBC AG (CCH.LN) Friday announced the sale of a 50% stake in Nept no Vandenys, UAB (Neptunas) to The Coca-Cola Company for 10 million euros ($11.2 million).
In December 2015, the European Coca-Cola products bottler and vendor, signed an agreement for the acquisition of Neptunas, a bottled water company in Lithuania.
Coca-Cola HBC said Friday that, following the completion of the acquisition of Neptunas, by its subsidiary UAB Coca-Cola HBC Lietuva (CCHBC Lithuania), CCHBC Lithuania has entered into a binding agreement for the sale of 50% of Neptunas' share capital to The Coca-Cola Company.
The deal is subject to customary closing conditions and regulatory approvals and is expected to complete in the fourth quarter of 2016.
Coca-Cola HBC said the transaction has been entered into with European Refreshments which is a subsidiary of The Coca-Cola Company a substantial shareholder of the company.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
September 16, 2016 09:21 ET (13:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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