Jubilant FoodWorks inks pact to buy Coca-Cola India products from April

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According to an exchange filing, the memorandum of understanding (MOU) will be executed between the two parties beginning April 1.

It comes a fortnight after Coca-Cola’s announcement that it had reached an agreement with Jubilant Bhartia Group to sell a 40 per cent stake in its local bottling unit- Hindustan Coca-Cola Holdings.

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Category: BusinessFinance

Markets: India

Topics: Hindustan Coca-Cola Holdings stake sale Jubilant FoodWorks beverage marketing Coca-Cola bottling operations India Coca-Cola refranchising India Coca-Cola asset-light strategy Jubilant FoodWorks MoU with Coca-Cola India Limca Sprite Thums Up distribution Coca-Cola India sparkling drinks Jubilant Bhartia Group Coca-Cola partnership Jubilant FoodWorks Coca-Cola partnership Coca-Cola Jubilant Bhartia bottling agreement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 21:14:36 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 234 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24675659

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