₦airaland Forum

FreeStuffsNG:
Loss kọ Logs ni. Nonsense and ingredient.

They must think that we are fools when they are touting loss and pushing it through favourable media platforms in order to avoid paying tax on the gain if they declare it.

Furthermore, Coca-Cola has a Machiavellian brutal strategy of forcing out competitors by using opaque and irresistible offer to the competitor in order to literally kill them and pass on the carcass to a less discerning competitor to be distracted by the dying brand.

Coca-Cola paid $1 billion dollars to acquire Chivita, not based on any sensible valuation but to kill the competitor and later avoid paying tax in subsequent years by declaring loss. They are suggesting that FIRS should forfeit tax it would have earned for years from Chivita if the company had not been bought or a transparent valuation of Chivita had been done and that amount paid.

FIRS should hold them tight and get creative in ensuring that they don't run to South Africa and use our money to defray their tax liabilities in their homeland.

It would be nice if appropriate agencies should review the acquisition of Chivita again.

Coca-Cola Internationa(HBC) has offered to pay billions of dollars to buy out Coca-Cola Africa which owns the controlling interests in Coca-Cola Africa. Coca-Cola Africa is owned by the South African Gustche family.

FIRS should shine its eyes! They are free to divest to Coca-Cola USA but they must pay all the statutory fees and FCCPC too should get involved.

The South African Gustche family want to cash out big time, avoid paying huge tax to Nigeria as HBC expands into Africa especially the Nigerian market.

It's UACN that fell mugu that I pity most. Won ti gba yin Mr UACN sir! Chivita was not even worth the $1 billion dollars valuation that Coca-Cola claimed it was worth and it's Chivita carcass that you have even overpaid for!

If I were on the UACN Board of Directors ehn, that deal will not fly or would have been at rock bottom price. Sincerely, I will do everything within my power in a God-fearing, lawful and factually persuasive, compelling manner to protect UACN and its shareholders.

FarahAideed:
https://businessday.ng/companies/article/coca-cola-records-393-million-loss-in-sale-of-chi-limited/

Sheuns:
You said all these but failed to give us the value you think Chi Limited was before CocaCola bought it.

Disenfranchised:
The report actually stated that Coca-Cola paid less than $700m in the acquisition of chivita yet Freeidioticstuff is yapping about $1b.

He think say this nah apc propaganda. Big big companies like Coca-Cola keep a metriculous and transparent records of their transactions.

FreeStuffsNG:
Loss kọ Logs ni. Nonsense and ingredient.

They must think that we are fools when they are touting loss and pushing it through favourable media platforms in order to avoid paying tax on the gain if they declare it.

Furthermore, Coca-Cola has a marchavelian brutal strategy of forcing out competitors by using opaque and irresistible offer to the competitor in order to literally kill them and pass on the carcass to a less discerning competitor to be distracted by the dying brand.

Coca-Cola paid $1 billion dollars to acquire Chivita, not based on any sensible valuation but to kill the competitor and later avoid paying tax in subsequent years by declaring loss. They are suggesting that FIRS should forfeit tax it would have earned for years from Chivita if the company had not been bought or a transparent valuation of Chivita had been done and that amount paid.

FIRS should hold them tight and get creative in ensuring that they don't run to South Africa and use our money to defray their tax liabilities in their homeland.

It would be nice if appropriate agencies should review the acquisition of Chivita again.

Coca-Cola Internationa(HBC) has offered to pay billions of dollars to buy out Coca-Cola Africa which owns the controlling interests in Coca-Cola Africa. Coca-Cola Africa is owned by the South African Gustche family.

FIRS should shine its eyes! They are free to divest to Coca-Cola USA but they must pay all the statutory fees and FCCPC too should get involved.

The South African Gustche family want to cash out big time, avoid paying huge tax to Nigeria as HBC expands into Africa especially the Nigerian market.

It's UACN that fell mugu that I pity most. Won ti gba yin Mr UACN sir! Chivita was not even worth the $1 billion dollars valuation that Coca-Cola claimed it was worth and it's Chivita carcass that you have even overpaid for!

If I were on the UACN Board of Directors ehn, that deal will not fly or would have been at rock bottom price. Sincerely, I will do everything within my power in a God-fearing, lawful and factually persuasive, compelling manner to protect UACN and its shareholders.

Immatex:
Does this mean Coca-cola products consumed in Nigeria will be imported and more expensive?

Perhaps it’s time Nigeria consumers enjoy ‘Made in Nigeria’ carbonated drinks - value for money options.

FreeStuffsNG:
Loss kọ Logs ni. Nonsense and ingredient.

They must think that we are fools when they are touting loss and pushing it through favourable media platforms in order to avoid paying tax on the gain if they declare it.

Furthermore, Coca-Cola has a marchavelian brutal strategy of forcing out competitors by using opaque and irresistible offer to the competitor in order to literally kill them and pass on the carcass to a less discerning competitor to be distracted by the dying brand.

Coca-Cola paid $1 billion dollars to acquire Chivita, not based on any sensible valuation but to kill the competitor and later avoid paying tax in subsequent years by declaring loss. They are suggesting that FIRS should forfeit tax it would have earned for years from Chivita if the company had not been bought or a transparent valuation of Chivita had been done and that amount paid.

FIRS should hold them tight and get creative in ensuring that they don't run to South Africa and use our money to defray their tax liabilities in their homeland.

It would be nice if appropriate agencies should review the acquisition of Chivita again.

Coca-Cola Internationa(HBC) has offered to pay billions of dollars to buy out Coca-Cola Africa which owns the controlling interests in Coca-Cola Africa. Coca-Cola Africa is owned by the South African Gustche family.

FIRS should shine its eyes! They are free to divest to Coca-Cola USA but they must pay all the statutory fees and FCCPC too should get involved.

The South African Gustche family want to cash out big time, avoid paying huge tax to Nigeria as HBC expands into Africa especially the Nigerian market.

It's UACN that fell mugu that I pity most. Won ti gba yin Mr UACN sir! Chivita was not even worth the $1 billion dollars valuation that Coca-Cola claimed it was worth and it's Chivita carcass that you have even overpaid for!

If I were on the UACN Board of Directors ehn, that deal will not fly or would have been at rock bottom price. Sincerely, I will do everything within my power in a God-fearing, lawful and factually persuasive, compelling manner to protect UACN and its shareholders.

adamkkk:
I drink coke everyday...

up to 4 plastics a day for straight 8yrs now

dem don suppose make me their GM.

Oldhead:
There was this ginger induced soft drink that was in the market one time called “bold” as at 2019 thereabout. I was taking this drink and I was getting fresh. the drink really gained popularity, then all of a sudden it disappeared, I hope Coca Cola isn’t involved in its disappearance because honestly, it was a healthier choice compared to coke.

Immatex:
Does this mean Coca-cola products consumed in Nigeria will be imported and more expensive?

Perhaps it’s time Nigeria consumers enjoy ‘Made in Nigeria’ carbonated drinks - value for money options.

Immatex:
Does this mean Coca-cola products consumed in Nigeria will be imported and more expensive?

Perhaps it’s time Nigeria consumers enjoy ‘Made in Nigeria’ carbonated drinks - value for money options.