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Coca-Cola moves for Nigeria's Chi

2016-02-02 01:34:15| Beverages - Topix.net

Coca-Cola is buying a 40% stake in Nigerian juice and dairy company Chi, with a plan to buy 100% within three years. Coca-Cola and Tropical General Investments Group , the holding company of Chi announced the binding agreement, and Coca-Cola intends to increase ownership to 100% within three years, subject to regulatory approval.

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