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Coca-Cola buys from African AB InBev share

Coca-Cola Co. buys brewing corporation Anheuser-Busch InBev share in 54,5% in its African division for $ 3,15 billion, according to Coca-Cola.

In addition, the American company will buy the share of AB InBev in the business of bottling in Zambia, Zimbabwe, Botswana, Swaziland, El Salvador and Honduras.

The transaction amount was not disclosed.

Coca-Cola says, reports the RNS, that it intends to maintain control over the business in such territories, while the franchise will not be sold to other companies.

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