Coke buys back majority stake in African bottling venture

By Philip Blenkinsop and Martinne Geller BRUSSELS/LONDON (Reuters) – Coca-Cola Co <KO.N> has reached a deal to buy Anheuser-Busch InBev’s <ABI.BR> majority stake in their African bottling venture for $3.15 billion (2.54 billion pound) and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would
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