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Breaking News: Coca Cola Israel in bid for South African co

Coca Cola Israel (Central Bottling Co.) has 60% of a syndicate bidding for South Africa’s Clover Industries.

The Central Bottling Company (Coca Cola Israel), controlled by David Wertheim, has submitted a bid to acquire control of a public company in South Africa together with partners in a deal that values the company at $359 million (NIS 1.3 billion). Read the full Globes article by Shany Moses here.