COCA-COLA (NYSE: KO) Announced It Will Record An Impairment Charge Of Approximately $1 Billion In The Fourth Quarter Of 2025 Tied To The Planned Sale Of Part Of Its Stake In Coca-Cola Beverages Africa (CCBA), According To A Regulatory Filing On Thursday. The Company’s Shares Dipped About 1% In Late-Afternoon Trading Following The Disclosure.
The Move Follows A Deal By Coca-Cola Hellenic Bottling Company (HBC)—A Switzerland-Based Bottler—To Acquire A 75% Stake In CCBA For $2.6 Billion. The Acquisition Includes Coca-Cola’s 42% Stake And The Gutsche Family Investments’ Entire Holding, Valuing The African Bottler At $3.4 Billion.
Once Finalized, The Transaction Will Make Coca-Cola HBC The Second-Largest Coca-Cola Bottler Globally By Volume, Behind Coca-Cola FEMSA Of Mexico. The Deal, Expected To Close By Late 2026, Will Significantly Expand HBC’s Footprint Across 14 African Markets, Tapping Into Rising Consumer Demand Driven By A Youthful Population.
The Acquisition Is Also Seen As A Strategic Hedge Against Global Economic Pressures, Including Rising Costs And U.S. Tariff Concerns. Coca-Cola HBC Said It Plans To Pursue A Secondary Listing On The Johannesburg Stock Exchange And Retains The Option To Acquire Coca-Cola’s Remaining 25% Stake In CCBA Within Six Years After The Deal Closes.
Meanwhile, Georgia-Based Coca-Cola Company Reported Strong Third-Quarter Results Earlier This Week, Buoyed By Robust Demand For Its Zero-Sugar Beverages, Fairlife Dairy Products, And Steady Sales In Key International Markets—Underscoring The Brand’s Resilience Amid Shifting Global Trends.
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