VOL. XXXVII

NO. 31

2-MAY-1994

Financial and Banking News

Capital Markets

Coca-Cola And PepsiCo Buy Privatized Ventures In Egypt

The US company Coca-Cola and its affiliates have bought 42% of Egypt's El-NasrBottling Company, the state-owned company which previously bottled Coca-Colain Egypt. The company was acting as part of a consortium which incudes localinterests. El-Nasr has been sold as part of Egypt's ongoing privatizationprogram. The chairman of the Egyptian holding company responsible for...