Bhartias lead race for Coke bottler Hindustan Coca-Cola Beverages, ink exclusivity pact to buy up to 40% stake for $1.4 billion

The Jubilant Bhartia Group is in exclusive talks to acquire a minority stake in Coca-Cola's India bottling arm, Hindustan Coca-Cola Beverages (HCCB), for Rs 10,800-12,000 crore. This acquisition aligns with Coca-Cola's shift towards an asset-light model as it prepares for HCCB's upcoming listing. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FMCG-Cons. Products-Industry-The Economic Times