The Coca-Cola Company will list its bottling unit in Amsterdam and on the JSE, a move that will hand investors ownership in Africa’s largest bottler of non-alcoholic products.

Coca-Cola Beverages Africa (CCBA), which packages 40% of Coca-Cola products sold on the continent and employs 16,000 people, became majority-owned by the Atlanta-based company in 2016 after AB InBev sold its stake following the brewer’s takeover of SABMiller...

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