coca-cola hellenic

July 31, 2019

Vedanta chairman Anil Agarwal sells Anglo American stake, Coca-Cola heir launches cryptocurrency bank for marijuana business and Philippine Air founder Lucio Tan chooses non-family executive to succeed.

Vedanta chairman Anil Agarwal sells Anglo American stake

Indian tycoon Anil Agarwal is divesting his family’s majority stake in the diversified mining company Anglo American after only two years.

Agarwal, founder of global mining giant Vedanta, started buying into Anglo American via his family trust Volcan Investment in March 2017 and bought a second tranche in six months later, bringing his stake to 19.3%.

Greek bottling family business to leave country

October 12, 2012

Greek bottling company Coca-Cola Hellenic, controlled by the David-Leventis family, plans to leave Greece, move its headquarters to Switzerland and list in London.

The family business, known for bottling Coke in 28 countries from Russia to Nigeria, said in a statement on 11 October that the move will benefit both the company and shareholders.

Family business roundup: PPR sees revenues increase, Coca-Cola Hellenic’s profit falls

February 17, 2012

French family business PPR has announced strong results this week, boosted by its luxury division, but Greece’s Coca-Cola Hellenic has seen its profit plummet by 28%.

PPR, the luxury and retail group controlled by the Pinault family, said revenues jumped 11.1% in 2011 to €12.2 billion, from €11.01 billion in 2010.