Bhartia family to acquire 40% stake in Hindustan Coca-Cola for Rs 12,500 cr

Quick Summary:

Earlier, the family explored alternative financing options with Bain Credit, Apollo Global Management, and others.

Topics : Jubilant Foodwork Hindustan Coca-Cola Beverages Pvt.

This acquisition aligns with Coca-Cola’s asset-light strategy, which is similar to rival PepsiCo's model of outsourcing bottling operations to Varun Beverages Ltd.

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Article Details

Category: BusinessFinance

Markets: India

Topics: 40 per cnt stake in Coca Cola Coca cola Stake acquisition Rs 12500 crore acquisition Bhartia family

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 13:36:30 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24350140

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