Mondi Group has acquired 100% of the outstanding share capital of Excelsior Technologies Limited from funds managed by Endless LLP and certain other minority shareholders, for a total consideration of £33 million (€38 million), on a debt and cash-free basis.

The Coca-Cola Company and Anheuser-Busch InBev (AB InBev) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for 3.15 billion USD, after customary adjustments. CCBA includes the countries of South Africa, Namibia, Kenya, Uganda, Tanzania, Ethiopia, Mozambique, Ghana, Mayotte and Comoros.

Anheuser - Busch InBev (AB InBev) (Euronext:ABI) (NYSE:BUD) (MEXBOL:ANB) (JSE:ANH) has entered into a binding agreement to sell its entire indirect shareholding in Distell Group Limited (Distell) to the Public Investment Corporation (SOC) Limited, acting on behalf of the Government Employees Pension Fund.

Africa’s biggest grocery retailer Shoprite is in talks with Steinhoff about buying its African assets in an all-share deal that would create a group with $15 billion in annual sales, the pair said yesterday.