Coca-Cola HBC share price slips after shareholder vote backs Africa deal paperwork
Coca-Cola HBC shares fell 0.2% to 3,918 pence in London after shareholders approved all board proposals tied to its planned acquisition of 75% of Coca-Cola Beverages Africa. Over 98% of votes backed measures enabling flexible share issuance and use of treasury shares. The company aims to close the deal by end-2026, pending regulatory approval. Investors await Feb. 10 results for details on financing and deal timing.