Jewish Rothschild involved: Business opportunities but only for Non-Whites: Coca-Cola to sell R10 billion stake in South African bottling unit as part of BEE deal: report
Zimbabwe: 10,000 Blacks starved to death after White Farmers were chased out
2004: The Black Government denied that Blacks were starving to death. Here a Black Bishop gave some statistics. In here you‘ll read about nasty events that were hidden from the world.
[BEE is Black Economic Empowerment. This is when a chunk of a big company is basically given over to Blacks. Notice Rothschild is an advisor on this deal. Jan]
Coca-Cola Co is planning to sell a stake in its South African bottling unit to local investors in a deal worth about R10 billion ($669 million), in line with an agreement with local regulators, according to people familiar with the matter.
The move would help the US drinks giant comply with South Africa’s policies that prescribe minimum holdings in companies for Blacks and other groups that faced economic discrimination under apartheid, said the people.
The deal was a condition of Coca-Cola’s 2016 buyout of former partner SABMiller, now part of brewer Anheuser-Busch InBev NV, they said.
Coca-Cola Beverages South Africa said Friday its broad-based black ownership will be increased to 20%, without giving detail on the value of the deal. Employees will have control of an approximate 15% stake, up from 5%, with the balance owned by outside investors.
The plan was revised from an earlier proposal to sell a larger stake and has been agreed with regulators, according to a spokeswoman.
Rothschild & Co is an adviser on the deal, the people said.
The broader Coca-Cola Beverages Africa is based in the coastal town of Port Elizabeth and serves 12 countries, including Kenya, Ethiopia and Ghana, according to the website. It accounts for about 40% of the Atlanta-based company’s drinks sold on the continent.
The value of the entire business is about R45 billion, the people said, meaning the new investors are getting a discounted price. The deal will help benefit employees and other partners as well as non-White investors, they said, though the exact structure is as yet unclear.
Video: Professor Quigley: The Jewish Rothschilds and the History of Banking and Money
Professor Quigley was hated by the White Right in the 1960s. The bulk of this video is 40 pages specially removed from his 1966 book, Tragedy and Hope, which deal with the Jewish Rothschilds, banking and Whites and Jews who played a big role in capitalism.