Kering Sheds Beauty Arm in Landmark $4.7 Billion L’Oréal Deal to Refocus on Fashion Core
Strategic Realignment in Luxury Sector In a transformative move that reshapes the luxury beauty landscape, French beauty giant L’Oréal has…
Category: Acquisitions
Coca-Cola Hellenic Acquires Majority Stake in African Bottler to Form Distribution Powerhouse
Coca-Cola Hellenic Bottling Company has acquired a controlling 75% stake in Coca-Cola Beverages Africa, forming the second-largest bottler in Coca-Cola’s global distribution network. The $3.4 billion transaction represents a major consolidation in the African beverage market. The new entity will maintain primary listing in London with secondary trading in Johannesburg.
Major Bottling Consolidation Creates African Beverage Giant
Coca-Cola Hellenic Bottling Company (CCH) has reportedly acquired a 75% stake in Coca-Cola Beverages Africa (CCBA) in a landmark $3.4 billion deal that sources indicate will create the second-largest bottler within Coca-Cola’s global distribution system. According to reports, the transaction involves CCH purchasing 41.5% of CCBA from The Coca-Cola Company and 33.5% from Gutsche Family Investments for a total consideration of $2.6 billion.
Growthpoint Pioneers Commercial Green Energy with Hydro Stake, Tenant-Focused E-Co Platform
Strategic Move into Renewable Infrastructure In a landmark transaction that signals real estate’s growing role in South Africa’s energy transition,…
CoreWeave’s $9B Core Scientific Bid Faces Shareholder Revolt as CEO Admits Deal “Not Essential”
Deal Under Fire as Major Investors Challenge Acquisition Terms The proposed $9 billion acquisition of Bitcoin miner Core Scientific by…
Global Payments Secures UK Regulatory Approval for $22.7 Billion Worldpay Acquisition
The UK competition regulator has approved Global Payments’ planned acquisition of Worldpay in a deal valued at $22.7 billion. The approval marks a significant milestone in the ongoing consolidation within the global payments industry as major players reposition their business strategies.
UK Regulator Clears Major Payments Industry Acquisition
The United Kingdom’s Competition and Markets Authority (CMA) has cleared the anticipated acquisition of Worldpay Holdco LLC by Global Payments Inc., according to reports from the regulatory body. The decision, announced in a Monday update, removes a key regulatory hurdle for the $22.7 billion transaction that represents one of the largest payments industry deals in recent years.