Coca-Cola Lines Up $1 Billion IPO for Indian Bottling Unit
Coca-Cola Co. is gearing up for a major initial public offering (IPO) of its Indian bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB), targeting roughly $1 billion (about ₹9,027 crore) in equity capital, according to people familiar with the matter. The global beverages giant has engaged prominent investment banks, including Kotak, HDFC Group and Citibank, to advise […]