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Coca-Cola goes to sell a package of 275 million US dollars in Embotelladora Andina

An offer book for approximately 7% of the property will be open from today, and a reward will be made this Friday.

They were active days on the Santiago Stock Exchange. After Inmobiliaria Manquehue was the first opening of the exchange this year, one of the IPSA companies will hold an auction with a millionaire.

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This is an auction for order book for 69 million papers from the B series Embotelladora Andina, which opens today at 2:00 pm and will be open until Thursday to receive the award on Friday morning on the national stock market. The operation is responsible for the brokerage Banchile Inversiones.

This figure is equivalent to 7.33% ownership of a national bottling plant.

Behind the sale is Coca-Cola Chile, liquidity search for “redirection of capital” as stated in the signature of the parents of the United States.

The company, in their words, "assesses the most efficient way to use its capital." This includes random changes in our investments in filling machines, from re-franchising, as we have done so many times in recent years, to changes in our investments in butlers. "

In this line, the firm says that moving documents in Andina is similar to what they did last year in Peru with Lindley Corporation, when they used stock proceeds Where they received 506 million US dollars to invest in their brands and new businesses.

At yesterday's closing price, the sale of shares would mean a Coca-Cola collection of $ 184.328 million, equivalent to about $ 275 million.

Of course, the alienation concentrates the papers of the B-series company with shares of Coca-Cola de Chile S.A. and Argentine services and products for Refreshing Beverages SRL, but they still have their own series A.

According to the Financial Market Commission (CMF), as of December last year, Coca-Cola owned 67.9 million Andean-A Securities, which is equivalent to 7.18% of the company's shares.

On possible future plans for the sale of titles, from the company rejection of the announcement of new transactions, although they emphasize that they are "constantly evaluated" their position in bottling plants.

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