Embotelladora Andina SA’s Subsidiary In Brazil Signs Contract To Acquire 100% Stake In Companhia de Bebidas Ipiranga
Embotelladora Andina SA announced that on July 10, 2013 its subsidiary in Brazil, Rio de Janeiro Refrescos Ltda, signed a contract to acquire a 100% stake in Companhia de Bebidas Ipiranga (Ipiranga), as agreed by the Company’s Board of Directors on June 18, 2013. The agreed amount of the operation ascends to BRL 1,218,000,000. The transaction is subject to certain conditions.
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