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Coca Cola Europacific Partners: 1.8 billion to buy Coca Cola Philippines

Closing with Aboitiz Equity Ventures for the world’s largest bottler

Coca-Cola Europacific Partners plc announced today that it has signed, together with Aboitiz Equity Ventures Inc., a Philippine holding company based in Manila, a definitive agreement for the joint acquisition of Coca-Cola Beverages Philippines, Inc. by The Coca-Cola Company. 100% of CCBPI has a value of 1.8 billion dollars "on a debt-free and liquidity-free basis", underlines the official statement...

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EFA News - European Food Agency