Coca-Cola HBC Shares Dip 4% On African Acquisition, Q3 Trading Update
Forbes·2025-10-21 16:00
Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesCoca-Cola HBC’s share price dropped on Tuesday after the company announced significant acquisition activity in Africa and published third-quarter trading numbers.Shares in the FTSE 100 soft drinks bottler were last 4% lower on Tuesday, at £33.98 per share.Coca-Cola HBC said it had agreed to buy a 75% stake in in Coca-Cola Beverages Africa for $2.6 billion. It has also entered an option agreem ...