The Coca Cola Company recently agreed a deal to buy Anheuser-Busch InBev's 54.5% majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner.
The Coca-Cola Co has sold a bottler to Alabama’s Coca-Cola Bottling Company United as part of a plan to hand territory to its franchisees.
The company has offloaded Alabama-based Scottsboro Coca-Cola to Coca-Cola United for an undisclosed fee, it was confirmed on May 27.
Eight months after FEMSA bought a 51% stake in Coca-Cola Philippines and gained management control, The Bottling Investments Group (BIG) of The Coca-Cola Company (TCCC) is still relentlessly destroying jobs.
In a mass rally in Manila protesting at the Coca-Cola Philippines headquarters against violations of workers' rights, unions and youth groups also sent a message to the Mexico-based Coca-Cola FEMSA:"Beware (open your eyes) - you might be buying a hornet's nest ... respect workers' rights in the Philippines".