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Coke Chile To Sell Embonor Stake

Coca-Cola’s Chilean division will sell its stake in local soft-drink bottler, Coca-Cola Embonor.

Coca-Cola’s Chilean division will sell its stake in local soft-drink bottler, Coca-Cola Embonor, Trading Markets reports. Coca-Cola will sell 44.8 million of Embonor’s A-series shares and 187.6 million of its B-series, which represent 45.5% of the bottler’s voting shares.

The holding company, Rentas Libras Holding Limitada and a group of investor’s will buy the stake. The holding company already holds a 26.7% interest in Embonor.

Click here for the story from Trading Markets.

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