Monday , August 19 2019
Home / chile / Coca-Cola goes out to sell US $ 275 million to Embotelladora Andina

Coca-Cola goes out to sell US $ 275 million to Embotelladora Andina

The offer book about 7% of the property will be open from today and will be presented on Friday.

They are active in the days of the Santiago Stock Exchange. After Inmobiliaria Manquehue became the first year to open the stock exchange, one of IPSA's companies goes through a wheel with a millionaire auction.

Picture foto_00000005

It's an auction 69 million paper orders The B Series Embotelladora Andina, which opens today at 14:00 and will be open until Thursday, allocation on Friday morning in the public stock market. The operation is responsible for the brokerage Banchile Inversiones.

This figure corresponds to 7.33% of the ownership of the national bottle factory.

Behind the sale of Coca-Cola Chile look for liquidity to "redirect capital" as indicated by the US parent's signature.

The company, they say, "appreciates the most effective way to use your capital." This includes occasional changes in our investment in bottlers, ranging from repeated franchises, as we have done many times in recent years, to changes in our investments. bottle fillers. "

In this line, the company claims that the transfer of paper in Andina is similar to what they did in Peru last year with Corporación Lindley, using stock proceeds -Where they got $ 506 million – to invest in their brands and new businesses.

After the closing price yesterday, the sale of shares would mean a Coca-Cola collection of $ 184,328 million, equivalent to approximately $ 275 million.

Of course, the alienation concentrates the company's B-series documents with Coca-Cola de Chile S.A. shares. and Argentina services and products for refreshing drinks SRL, but they still have the A series of documents.

As of December last year, the Commission's financial market performance shows that Coca-Cola owns 67.9 million Andean A shares, equivalent to 7.18% of the company.

For potential future plans to sell names from your business to get rid of new transactions although they emphasize that they "constantly appreciate" its position in filling equipment.

Source link