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.
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,
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.
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.
Jubilant Bhartia Group Acquires 40% Stake In Hindustan Coca-Cola Beverages
The Jubilant Bhartia Group, the promoters of Jubilant FoodWorks, has struck a deal to acquire a 40 per cent stake in Hindustan Coca-Cola Beverages (HCCB), the Indian bottling arm of the US beverage giant The Coca-Cola Company.
Jubilant FoodWorks drops 4% as parent buys 40% stake in Coca-Cola's bottler
On the equities side, Jubilant FoodWorks’s stock has outperformed the market in the last six months as it has risen 27 per cent, while gaining 22 per cent in the last one year. In comparison BSE Sensex has risen 6 per cent year to date and 17 per cent in a year.
Jubiliant Bhartia group develops thirst for Coke’s biggest Indian bottler
MUMBAI: It’s bottling  a major partnership with  the famous Bhartia brothers  - Shyam and Hari.  Atlanta-based The Coca-Cola Co today announced that it has reached an agreement with the multibillion dollar,
Jubilant Bhartia Group Acquires 40% Stake In Coca-Cola’s Indian Bottling Arm
Highlighting that it has entered into a definitive agreement for strategic investment, the Jubilant Bhartia Group has acquired a 40 per cent stake in Hindustan Coca-Cola Holdings, India (HCCH), through its entity Jubilant Beverages.
Jubilant Bhartia Group to acquire 40% stake in Coca-Cola's bottler HCCB
Shyam S Bhartia, founder and chairman, and Hari S Bhartia, founder and co-chairman of the Jubilant Bhartia Group, said the investment is an ideal addition to their business
Jubilant Bhartia Group acquires 40% stake in Hindustan Coca-Cola Holdings
The investment by the Jubilant Bhartia Group will contribute to the company’s ongoing success and help strengthen its position in the Indian market.
Why the Coke-Bhartia deal may not be a good news for PepsiCo
The Bhartia family-promoted Jubilant Group runs one of the largest quick-service restaurant (QSR) chains in India under the ...
Meet Indian family set to acquire 40% stake in Coca-Cola for Rs 125000000, its net worth is..., business is..., no connection with Mukesh Ambani
Shyam Bhartia and Hari Bhartia of the Bhartia family, who head the Jubilant Bhartia Group, are to set to acquiring a 40 ...