Jose R. Lindley has confirmed that its purchase of Coca-Cola Embonor's stake in Embotelladora Latinoamericana is to go ahead. As reported yesterday, two directors at the Peruvian bottler had travelled to Santiago, Chile, to hold talks with Coca-Cola Embonor, to finalise details of the acquisition.

The deal is worth US$0.255310 per common share and $0.107032 per investment share. Both parties have until January 28 to sign a definitive contract for the deal.

Elsa bottles Coca-Cola, among other beverages.