Jubilant Bhartia Group Set To Acquire 40% Stake In Coca-Cola’s Bottling Arm For Rs 12,500 Cr – News18
The Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the exclusive bottling arm of Coca-Cola India, for Rs 12,500 crore, The Economic Times reported. The formal announcement is anticipated later today, said people familiar with the developments. Goldman Sachs has agreed to exclusively finance the…