Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake

(Reuters) – Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake in the unit for the time being. The U.S. beverage giant had wanted to refranchise the unit as part of its global plan to divest its manufacturing […]

Continue Reading