Centum Investment Company’s potential liability from the 2019 sale of its Coca-Cola bottling businesses dropped by a further $8 million (Sh1.14 billion) in the year to March, an audit of the assets of the companies shows.
The company offered a guarantee when it sold a 27.6 percent stake in Nairobi Bottlers and a 53.9 percent interest in Almasi Beverages —the owner of Mt Kenya Bottlers, Kisii Bottlers and Rift Valley Bottlers— to Coca-Cola Beverages Africa (CCBA) for Sh19.3 billion.
