Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO
Advertisement

Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO

By Sreeja Biswas

  • 02 Sep 2024
Premium
Grapevine: Coca-Cola gets suitors for India arm; Infra.Market picks banks for IPO
Credit: Reuters

The Burman family of Dabur and the Bhartias, promoters of Jubilant Group, are nearing a deal to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 10,800-12,000 crore ($1.3-1.4 billion), valuing Coca-Cola's India bottling arm at Rs 27,000-30,000 crore ($3.21-3.61 billion), a media report said.  Bids were submitted over ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News