Coca-Cola (KO.N),opens new tab expects to take an impairment charge of about $1 billion during the fourth quarter of 2025 related to the sale of a part of its interest in bottling operations in Africa, the beverage maker said in regulatory filing on Thursday.
Shares of Coca-Cola dipped about 1% in late-afternoon session.
On Tuesday, Swiss-based bottler Coca-Cola HBC said it had agreed to buy a 75% stake in its African counterpart for $2.6 billion.
Coca-Cola HBC would be acquiring U.S.-based Coca-Cola’s nearly 42% stake in Coca-Cola Beverages Africa (CCBA) and the Gutsche Family Investments’ entire stake, valuing the African bottler at $3.4 billion, according to company statements.
The deal is expected to close by late 2026, positioning Coca-Cola HBC as the second-largest Coca-Cola bottler globally by volume after Coca-Cola FEMSA (KOFUBL.MX), opens new tab, while significantly expanding its presence in Africa.
The deal helps Coca-Cola HBC in tapping into
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