Coca-Cola Sells Hollandia, Chivita To UAC

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The UAC of Nigeria PLC on Wednesday announced that it has agreed to acquire Hollandia/Chivita (CHI Limited) from the Coca-Cola Company.

In a filing on the Nigerian Exchange Limited, UAC said the transaction, subject to regulatory approval, marks a strategic milestone in its growth agenda, expanding its presence in Nigeria’s fast-moving consumer goods sector.

“It supports The Coca-Cola…

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