The deal includes CCBA’s operations in Namibia, Kenya, Uganda, Tanzania, Ethiopia, Mozambique, Ghana, Mayotte and Comoros.
In addition, the companies had reached an agreement for Coca-Cola to buy AB InBev’s interest in bottling operations in Zambia, Zimbabwe, Botswana, Swaziland, Lesotho, El Salvador and Honduras for an undisclosed amount, AB InBev said in a statement.
Coca-Cola planned to hold all the territories temporarily until they could be refranchised to other partners, the company said.
It said the transactions were subject to the relevant regulatory and minority approvals and were expected to close by the end of 2017.
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