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KO Coca Cola Company

61.63
-0.11 (-0.18%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Coca Cola Company NYSE:KO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -0.18% 61.63 61.93 61.35 61.55 10,994,244 00:22:27

Coca-Cola HBC to Buy Three Cents for EUR45 Million

09/08/2022 7:42am

Dow Jones News


Coca Cola (NYSE:KO)
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By Jaime Llinares Taboada

 

Coca-Cola HBC AG said Tuesday that it has agreed to acquire the Three Cents premium-mixer product brand from Ideal Holdings S.A. for an enterprise value of 45 million euro ($45.9 million).

The FTSE 100 Coca-Cola bottler, which is 23% owned by Coca-Cola Co., said that the acquisition of the holding company ESM Effervescent Sodas Management Ltd. is expected to complete in the second half of 2022.

Three Cents offers artisanal beverages crafted without preservatives or artificial colorings, Coca-Cola HBC said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

August 09, 2022 02:27 ET (06:27 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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