The Coca-Cola Company (NYSE:KO) acquired 40% stake in Chi Limited from TGI Group on January 30, 2016. The Coca-Cola Company intends to increase ownership to 100% in Chi Limited within three years, subject to regulatory approvals. Bayo Odubeko, Mike Knapper, Matthew Hodkin, Julie Keefe, Ed Gardner, Jaspal Pachu, Sophie Lees, Nariman Armaly, Tessa Svennevik, Greg Smith, Louise Finnegan and Lelo Majozi-Motlogeloa of Norton Rose Fulbright LLP acted as legal advisor for TGI Group. Citi acted as financial advisor for Tropical General Investments Limited. Richard Watkins, Barthélemy Faye, Hannah Disselbeck, Ufuoma Brume Colin Pearson, Xuyang Zhu, Richard Sultman, Jennifer Marques and Christopher Cook of Cleary, Gottlieb, Steen & Hamilton LLP acted as legal advisors for The Coca-Cola Company.

The Coca-Cola Company (NYSE:KO) completed the acquisition of 40% stake in Chi Limited from TGI Group on January 30, 2016.