Bowmans advised AB InBev in relation to its disposal of a 54.5 % stake in Coca-Cola Beverages Africa Pty Ltd, an African joint venture company, to the Coca-Cola Company in a transaction valued at USD 3.2 billion. We advised ABInBev on all African elements of the transaction. The transaction was undertaken and completed at high speed, which our M&A team facilitated. We also provided tax advice in relation to the transaction, and regulatory advice in the form of competition approvals that were required. This matter involved South Africa and 13 other African jurisdictions, namely Comoros, Ethiopia, Kenya, Mayotte, Mozambique, Namibia, Tanzania, Uganda, Nigeria, Ghana, Swaziland, Botswana and Zambia.
