FinanceTimes of India
Coca-Cola adds fizz to India bottling unit IPO plan, appoints JPMorgan & Citi as bankers
in5points
Coca-Cola has appointed JPMorgan and Citi to manage the IPO of its Indian bottling unit.
The IPO is planned for 2027.
Coca-Cola is also exploring selling a portion of its stake in the unit.
The move aligns with Coca-Cola's global asset-light strategy.
Hindustan Coca-Cola Beverages is a leading player in India's soft drinks market.
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