The Coca-Cola Company has announced that it plans to acquire Anheuser-Busch InBev’s (ABI) stake in Coca-Cola Beverages Africa (CCBA) following the closing of the ABI combination with SABMiller.
The company has chosen to exercise its right to acquire ABI’s stake in CCBA because it intends to implement its long-term strategic plan in these markets with other partners. While the company says it respects ABI’s capabilities, it has a number of existing partners who are highly qualified and interested in these bottling territories.