Tashkent, Uzbekistan (UzDaily.com) – The State Assets Management Agency of Uzbekistan (UzSAMA) reached an agreement to sell 57.118% stake in Coca-Cola Bottlers Uzbekistan, Ltd to Coca-Cola İçecek A.Ş. (CCI), through its wholly owned subsidiary CCI International Holland B.V., for a cash consideration of US$252.28 million.

The transaction has been approved by the State Tender Commission. Completion of the Transaction is subject to certain regulatory approvals.

The transaction has been organized as an open sale process pursuant to the Decree of the President of the Republic of Uzbekistan # UP-6096 dated 27 October 2020 in accordance with best international practices and the laws of the Republic of Uzbekistan.

Rothschild & Co acted as financial adviser to UzSAMA, Dentons acted as legal adviser to UzSAMA.