Coca-Cola plans $1 billion IPO for India bottling business

economictimes.indiatimes.com

Coca-Cola plans to list its India bottling business, Hindustan Coca-Cola Holdings, in an IPO expected to raise over $1 billion. The listing, likely in 2027, aims to value the business at over $10 billion, with Coca-Cola retaining significant shareholding. Preparations are underway for listing on Indian stock exchanges. This move follows Coca-Cola's recent sale of a 40% stake in HCCH to Jubilant Bhartia Group. The bottler operates 14 plants across 10 states.


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Coca-Cola plans $1 billion IPO for India bottling business | News Minimalist