South Africa Competition Authority Recommends Approval of Coca-Cola HBC’s Acquisition
The South African competition watchdog has recommended approval for Coca-Cola HBC's $2.6 billion takeover of a majority stake in Coca-Cola Beverages Africa (CCBA). The deal, which includes commitments to job security and investment in local distribution networks, still requires final clearance from the Competition Tribunal.
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Topics: Coca-Cola HBC M&A Regulation