Coca-Cola Sells 40% Stake in Indian Bottling Unit

Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group
While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.
Indian Billionaire Brothers To Buy 40% Stake In Coca-Cola’s Indian Bottler
Jubilant Bhartia Group—controlled by billionaire brothers Shyam and Hari Bhartia—has agreed to buy a 40% stake in Coca-Cola’s Indian bottler, marking the company’s expansion into the beverage industry.
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Hindustan Coca-Cola Beverages CEO Juan Pablo Rodriguez said, "This strategic investment represents an important milestone in our journey.
Beverage packaging heats up as Jubilant Bhartia buys 40% stake in Hindustan Coca-Cola
The shares of the subsidiary of JB Group reached a low of ₹672.50, down 5% from the previous close of ₹707.80.
Jubilant Bhartia Group picks up 40 per cent stake in Coca-Cola bottler at around Rs 12,500 crore
Coca-Cola has sold a 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH) to Jubilant Bhartia Group. HCCH is the parent company of Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), the largest Coke bottler in India.
How Jubilant Bhartia's Stake Acquistion In Hindustan Coca-Cola Could Fizz Up Competition
The acquisition is expected to intensify competition for players like Varun Beverages Ltd., Coca-Cola’s primary bottling partner in India.
Coca-Cola sells 40% stake in India bottling business to THIS group, not Mukesh Ambani's Reliance, Adani Group
In India, the company had franchised its bottling operations to its existing bottlers in three key markets - Rajasthan, Bihar, Northeast, and parts of West Bengal to its existing bottlers.
Coca-Cola sells 40% in HCCBL to Jubilant Bhartia
Global beverages major Coca-Cola has sold 40 per cent stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group. Though the company
Coca-Cola sells 40% stake in HCCB to Jubilant Bhartia Group
Coca-Cola Co. sold 40 per cent of its stake in Hindustan Coca-Cola Holdings Pvt Ltd to Jubilant Bhartia Group, reported PTI.
Jubilant Bhartia Group to buy 40% stake in Coca-Cola's Indian bottler
Jubilant Bhartia Group said on Wednesday it will buy a 40% stake in Coca-Cola's largest bottler in India, as the Indian conglomerate plans to foray into the country's "high growth" beverage sector. The group,
Coca-Cola to Sell 40% in India Bottling Unit to Jubilant Group
Cola Co. has agreed to sell a 40% stake in its India bottling unit to the Jubilant Bhartia Group for an undisclosed amount as the beverage giant becomes the latest foreign firm to divest a part of its shareholding in its local arm.
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On Wednesday, Justice Y G Khobragade of the Aurangabad bench dismissed the company’s plea to terminate the case, citing ...
Bombay high court refuses to quash proceedings against Hindustan Coca-Cola over sale of ‘adulterated’ beverage
During an inspection of the company’s product ‘Canada Dry’, a sweetened carbonated drink, in 2001, the Food and Drug ...