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| Name | Symbol | Market | Type |
|---|---|---|---|
| Coca Cola HBC AG (PK) | USOTC:CCHGY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 33.86 | 33.58 | 34.84 | 193 | 18:17:15 |
From Jul 2019 to Jul 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.
1 Year Coca Cola HBC (PK) Chart |
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