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Unilever delays ice cream spin-off due to U.S. shutdown disrupting SEC approvals, while Coca-Cola HBC buys 75% of CCBA for $2.6B.
Unilever has delayed the spin-off of its ice-cream unit, including Magnum and Wall’s, due to the U.S. government shutdown disrupting SEC regulatory approvals needed for a New York listing.
The company remains confident in completing the demerger this year, with preparatory work ongoing and a shareholder meeting scheduled.
Meanwhile, Coca-Cola HBC agreed to buy a 75% stake in Coca-Cola Beverages Africa for $2.6 billion, creating the world’s second-largest Coca-Cola bottler, with plans for a Johannesburg secondary listing.
The deal values CCBA at $3.4 billion and includes an option to acquire the remaining stake later.
CCH also reported strong third-quarter results and reaffirmed full-year guidance.
Unilever retrasa la escisión del helado debido a que el cierre en los Estados Unidos interrumpe las aprobaciones de la SEC, mientras que Coca-Cola HBC compra el 75% de CCBA por $ 2.6B.