Delta Corporation speaks on Coca Cola deal

Delta Corporation says it is now in discussions following last week’s announcement by the Coca-Cola Company (TCCC) on the acquisition of Anheuser-Busch InBev’s interest in bottling operations in specified markets but no immediate changes to its associate operations are anticipated.

In October, TCCC issued a notice of intent to terminate the Bottlers’ Agreements with Delta Corp subsidiary Delta Sparkling Beverages and associate Schweppes Holdings following the combination of AB InBev and SABMiller Plc.

Following the notice, the two companies last week announced that they had reached an agreement in principle for TCCC to acquire AB InBev’s interest in bottling operations in specified markets including Zimbabwe, for subsequent re-franchising to its preferred partners. In a statement,company secretary Alex Makamure said: