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Ideal Holdings: In talks with Coca-Cola HBC to sell Three Cents

Ideal Holdings is in discussions with a company of the Coca-Cola HBC group for the sale of its 100% stake in ESM Effervescent Sodas Management Limited (Three Cents), as it informs the Athens Stock Exchange in a relevant letter.

Specifically, the company states: “Following a question from the Capital Market Commission regarding a press article, entitled “Rumors of a deal between Ideal and 3E (Coca cola) regarding the premium soft drink producer Three cents!”, we inform you that our company is in stage of discussions with a company of the Coca-Cola HBC group for the sale of its 100% participation in ESM Effervescent Sodas Management Limited (Three Cents)”.

However, to date, as he clarifies, “no final and binding agreement has been signed between the parties for this sale”.

“As soon as the discussions are successful and an agreement is signed between the parties, the company will immediately publish a relevant announcement, in accordance with the written provisions, with which it will clearly inform its shareholders and the wider investment public, about any transaction”, it is noted about.

Source: Capital

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