Coca-Cola sells 40% stake of bottling arm HCCBL to Jubilant Bhartia Group
Global beverages major Coca-Cola has sold 40% stake in its India bottling business Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL) to Jubilant Bhartia Group. Though the company has not disclosed the amount of the deal, some media reports have pegged it at around ₹10,000 crore. “The Coca-Cola Company today announced that it has reached an agreement … Read more
