Dailyhunt Logo
News|Video|Viral
  • Light mode
    Follow system
    Dark mode
    • Play Story
    • App Story
Coca-Cola plans $1B IPO of Indian bottling arm

Coca-Cola plans $1B IPO of Indian bottling arm

NewsBytes 3 months ago
Coca-Cola is planning to raise around $1 billion (approximately ₹9,500 crore) through an initial public offering (IPO) of its Indian bottling arm, Hindustan Coca-Cola Beverages, according to Bloomberg.
The Atlanta-based beverage giant has invited investment banks to pitch for roles in the proposed IPO. Presentations are scheduled for next week in London, where Rothschild & Co., the company's adviser on this transaction, will meet potential bankers.
NewsBytes

NewsBytes

36k followers266k Stories

Dailyhunt
Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: NewsBytes