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Coca-Cola, Bhartia
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,
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.
Bhartia family to acquire 40% stake in Hindustan Coca-Cola for Rs 12,500 cr
The Jubilant Group's Bhartia family is investing Rs 5,000 crore and the remaining amount is being financed by Goldman Sachs, which has pledged to fund a special purpose vehicle for the deal
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-Hindustan Coca-Cola stake sale, deal CONFIRMED! Details
Henrique Braun, President of International Development for The Coca-Cola Company, on the stake sale, said “The Jubilant Bhartia Group will bring invaluable experience and insights to our business as we continue to grow our presence in India.
Jubilant Bhartia Group to acquire 40 per cent stake in Coca-Cola’s bottling arm in India
Coca-Cola divests 40% stake in Hindustan Coca-Cola Holdings to Jubilant Bhartia Group, enhancing growth in Indian market.
Jubilant Bhartia Group picks up 40% stake in Hindustan Coca-Cola Beverages
This move is part of the US-based soft drink maker’s global strategy of being asset-light, as it seeks to reduce its stakes in bottling operations worldwide.
Coca-Cola Sells 40% Stake in India Bottling to Jubilant Bhartia
Coca-Cola has sold a 40% stake in its India bottling arm, HCCBL, to Jubilant Bhartia Group. The deal, reportedly worth Rs 10,000 crore, sees the Atlanta-based firm divesting bottling operations globally as part of its asset-light strategy.
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
Coca-Cola to Sell 40% in India Bottling Unit to Jubilant Group
Cola Co. has agreed to sell a 40% stake in its India bottling unit to the Jubilant Bhartia Group for an undisclosed amount as the beverage giant becomes the latest foreign firm to divest a part of its shareholding in its local arm.
Why Did Coca Cola Sell 40% Stake In Bottling Business To Jubilant Bhartia Group?
Global beverage giant Coca-Cola has announced the sale of a 40% stake in its Indian bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to the Jubilant Bhartia Group. Though the company did not disclose the financial details,
6h
on MSN
Jubilant to buy 40% in Coke bottler's parent for 10k cr
Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Holdings (HCCH), the parent company of India's ...
15h
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 ...
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