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Coca-Cola Beverages Africa to show its fizz in listing in Joburg and Amsterdam By Dineo Faku Share JOHANNESBURG - THE COCA-COLA Company has unveiled plans to sell its shareholding in Coca-Cola Beverages Africa (CCBA) through an initial public offering (IPO) that will see shares traded on the JSE and Amsterdam. The company said the group had not yet taken a decision on the quantum of the stake, and would work with CCBA on the IPO process over the next 18 months. The IPO was expected to pave the way for CCBA, Africa’s biggest bottling company, to operate as an independent Africa-focused, South African-headquartered, managed and domiciled business. Speaking during The Coca-Cola Company’s 2020 first quarter earnings webcast yesterday, chief executive James Quincey said it had always been the group’s intention to reduce its interest in CCBA in line with its strategy to operate as a global brand owner with independent bottling partners.

South africaNoord hollandJames quinceyBruno pietracciJacques vermeulenCoca colaCola companyCoca cola beverages africaSouth african headquarteredCoca cola companyNew york listedGutsche family investmentsநூற்த் ஹாலண்ட்ஜாக்ஸ் வெர்மேஉளென்கோகோ கோலாகோலா நிறுவனம்