Bottles of Coca-Cola are pictured during a presentation in Paris, France, in this January 19, 2016, file photo. REUTERS/Benoit Tessier
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Coca-Cola Co.'s South African units and oil and gas company Sasol Ltd. aren't awarding new business to McKinsey & Co. pending the outcome of corruption probes into the U.S. consultancy's work involving the politically connected Gupta family. The U.S. soft drinks giant and its South African bottling operation have awarded contracts to McKinsey in the past but have no historic work ongoing, a spokesman said in emailed comments Thursday. McKinsey is advising Sasol on the digitalization of its chemicals business and on how to improve performance at the mining division, spokeswoman Matebello Motloung said in emailed comments.
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