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CHILE: Coca-Cola Chile disposes of Embonor stake

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Coca-Cola Chile is to sell its stake in Chilean bottler Coca-Cola Embonor to Revenue Libra Holding.

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In a filing to the Chilean Stock Exchange, Bolsa de Santiago, late last week, Coca-Cola Chile said it will sell 44.8m A-series shares and 187.6m B-series shares to Revenue, representing a 45.5% stake. Financial details of the transaction were not disclosed.

Coca-Cola Embonor produces, distributes and sells soft drinks in Chile and Bolivia, under license of the The Coca-Cola Co. The company produces brands including Coca-Cola, Fanta and Sprite, as well as bottled water, energy drinks and fruit juices.


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