The sale of the shares by Coca-Cola Company and Socomex SA, part of the Kar-Tess Group – around 13m shares in total representing around 5.5% of the CCHBC’s capital – was due to coincide with the company’s listing on the New York Stock Exchange.
GREECE: HBC shareholders scrap sell-off
Two major shareholders in the Greek soft drinks group, Coca-Cola Hellenic Bottling Co. (CCHBC), have cancelled plans to sell off part of their stakes in the company, citing poor market conditions as the reason.