Greece’s biggest company Coca-Cola Hellenic moves abroad
"Greece's largest company is to move its headquarters to Switzerland and list its shares in London, in a further blow to the struggling eurozone country. Shareholders, most of whom are abroad, will exchange their stock for shares in Coca Cola HBC AG, based in Switzerland. Most investors have already accepted the plan after long complaining about Greek taxes, according to Reuters. The company, in which The Coca-Cola Co of the US has a 23pc stake, bottles drinks in 28 countries from Russia to Nigeria." Continue reading →