Coca-Cola Hellenic Bottling today reported the completion of a share transfer in the company. Kar-Tess Holding SA has transferred a 9.4% stake in CCHBC to a group of investors linked to the shareholder. The transfer totals around 22.3 million shares.
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No financial details were given about the transaction, which was announced in August. None of the buyers acquired more than 2.5%, and all have agreed not to sell the shares for 12 months.
“Kar-Tess Holding S.A. transferred the above shares to individuals and entities who are either shareholders of Kar-Tess Holding S.A. or persons or entities nominated by them,” the company said today.
Kar-Tess still holds a 30.4% stake in the Greek bottler.
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