Daily Archives: May 4, 2016

SABMiller, Coca-Cola agree concessions with South African regulators

SABMiller and its soft drinks partners, Coca-Cola Company and Coca-Cola SABCO, a Southern African bottler of Coke products have given in to concessions with the South African Competition Commission, which would pave way to the formation of Coca-Cola Beverages Africa, the largest Coca-Cola bottler in Africa that would control 40% of all Coke volumes sold on the continent and have annual sales of $2.9bn.