Jubilant to buy 40% in Coke bottler's parent for 10k cr

Quick Summary:

Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Holdings (HCCH), the parent company of India's largest Coca-Cola bottler, for over Rs 10,000 crore.

This investment reflects the group's confidence in India's growing beverage market and aligns with their expansion strategy into high-growth sectors.

The deal awaits regulatory approval.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChinaSouth Korea

Topics: Business news Jubilant Bhartia Group Coca-Cola Pharma and QSR Hindustan Coca-Cola Holdings Food and beverage sector Hindustan Coca-Cola Beverages

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 06:10:11 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 691 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24363352

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