Equatorial Castel Coca-Cola merger caught up in Algiers-Madrid diplomatic spat

A Coca-Cola banner in Algiers.
A Coca-Cola banner in Algiers. © Mark Eveleigh/Alamy banque d'images
The merger between three Algerian Coca-Cola distributors into a single unit controlled by Equatorial, owned by the American giant and Spanish Cobega, requires approval from local authorities. Meanwhile, Algeria is in a trade war with Madrid. [...] (260 words)
Issue dated 07/07/2022 Reading time 2 minutes
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