Company Of The Day: Coca-Cola

by Trefis Team
+12.88%
Upside
53.54
Market
60.44
Trefis
KO
Coca Cola
Rate   |   votes   |   Share

What?

Coca-Cola (NYSE:KO)  is looking to take its African bottling operations public next year, per a report from Bloomberg. Coca-Cola Beverages Africa has been fairing quite well despite the Covid-19 headwinds.

So What?

Coca-Cola is looking at a valuation of at least $8.1 billion for the business. Coca-Cola holds 66.5% in the African unit after it paid roughly $3 billion to buy Anheuser-Busch InBev out of a bottling joint venture back in 2016.

See Our Complete Analysis For Coca Cola

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market-Beating Portfolios
See all Trefis Price Estimates
Rate   |   votes   |   Share

Comments

Name (Required)
Email (Required, but never displayed)
Be the first to comment!