Centum Investment Company #ticker: has agreed to compensate the buyer of its Coca-Cola beverage businesses to the tune of $34.4 million (Sh3.7 billion) representing tax demands by the Kenya Revenue Authority (KRA).
The Nairobi Securities Exchange-listed firm sold its stakes in Almasi Beverages and Nairobi Bottlers to Coca-Cola Beverages Africa (CCBA) last year for a total of Sh19.3 billion.
