Coca-Cola European Partners plc (CCEP) Completes Joint Acquisition of CCBPI
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Coca-Cola Europacific Partners plc Announces Completion of Joint Acquisition of CCBPI
February 23, 2024 2:02 AM ESTUXBRIDGE, UK / ACCESSWIRE / February 23, 2024 / Coca-Cola Europacific Partners (CCEP) (NASDAQ: CCEP)(LSE: CCEP) today confirms it has, together with Aboitiz Equity Ventures Inc. (AEV), completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Company (KO)
" Further to the announcements on 2 August 2023, 20 November 2023 and 30 January 2024 (see links below), CCEP today announces it has, together with AEV, completed the acquisition to jointly acquire 100% of CCBPI from KO
" The key terms of the Share Purchase Agreement comprise:
60:40 ownership structure between CCEP and AEV with comprehensive... More
