Weeks after announcing it will sell a majority stake in its biggest bottler in Africa, Coca-Cola has sold its holdings in a major domestic bottling partner.
Coca-Cola last week said it sold its minority stake in its largest U.S. bottler, a deal valued at about $2.4 billion.
The Atlanta beverage company on Nov. 7 said its subsidiary sold all outstanding shares of Coca-Cola Consolidated, a Charlotte-based bottler that serves about 60 million consumers.
The bottler makes, sells and distributes about 300 Coca-Cola brands and flavors across 14 states and the District of Columbia.
Coca-Cola had owned 24.4% of the bottler’s shares, according to a May proxy statement from Coca-Cola Consolidated.
“Coca-Cola Consolidated has been a valued strategic partner for well over a century,” Henrique Bra

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