Centum Investment Company now faces a smaller potential liability of Sh1.5 billion from the sale of its stakes in the local Coca-Cola bottling businesses.
The Nairobi Securities Exchange-listed sold its 27.6 percent stake in Nairobi Bottlers and 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 in 2019.
