Coca-Cola Beverages Africa (CCBA) is set to acquire stakes in two of Kenya’s Coca-Cola franchises. Centum Investments, a quasi-Kenya Government agency announced on Wednesday it has agreed to sell its 53.9% and 27.6% stakes held in Almasi Beverages Limited and Nairobi Bottlers Limited to Coca-Cola Sabco East Africa, the South African co-owner of CCBA at a cost of 19.5bn Kenyan shillings ($192.5m).
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