Jubilant Bhartia Group to buy 40% stake in Coca-Cola's Indian bottler
Jubilant Bhartia Group said on Wednesday it will buy a 40% stake in Coca-Cola's largest bottler in India, as the Indian conglomerate plans to foray into the country's "high growth" beverage sector. The group,
Indian Billionaire Brothers To Buy 40% Stake In Coca-Cola’s Indian Bottler
Jubilant Bhartia Group—controlled by billionaire brothers Shyam and Hari Bhartia—has agreed to buy a 40% stake in Coca-Cola’s Indian bottler, marking the company’s expansion into the beverage industry.
Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group
While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.
How Jubilant Bhartia's Stake Acquisition In Hindustan Coca-Cola Could Fizz Up Competition
The acquisition is expected to intensify competition for players like Varun Beverages Ltd., Coca-Cola’s primary bottling partner in India.
Jubilant Bhartia Group picks up 40 per cent stake in Coca-Cola bottler at around Rs 12,500 crore
Coca-Cola has sold a 40 per cent stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH) to Jubilant Bhartia Group. HCCH is the parent company of Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), the largest Coke bottler in India.
Jubilant Bhartia Group Invests In Coca-Cola In India
The Coca-Cola Company has announced that Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca‑Cola Holdings Pvt. Ltd.
Jubilant Bhartia Group Acquires 40% Stake In Hindustan Coca-Cola Beverages
The Jubilant Bhartia Group, the promoters of Jubilant FoodWorks, has struck a deal to acquire a 40 per cent stake in Hindustan Coca-Cola Beverages (HCCB), the Indian bottling arm of the US beverage giant The Coca-Cola Company.
Coca-Cola sells 40% stake in HCCB to Jubilant Bhartia Group
Coca-Cola Co. sold 40 per cent of its stake in Hindustan Coca-Cola Holdings Pvt Ltd to Jubilant Bhartia Group, reported PTI.
Jubilant Bhartia Group acquires 40% stake in Hindustan Coca-Cola Holdings
The Coca‑Cola Company has reached an agreement with the Jubilant Bhartia Group to acquire a 40% stake in Hindustan Coca‑Cola Holdings Pvt. Ltd.
Domino's Pizza owner in India, buys Rs 125000000000 stake in Coca-Cola, Bhartia family to invest….
Hindustan Coca-Cola Beverages CEO Juan Pablo Rodriguez said, "This strategic investment represents an important milestone in our journey.
Why the Coke-Bhartia deal may not be a good news for PepsiCo
The Bhartia family-promoted Jubilant Group runs one of the largest quick-service restaurant (QSR) chains in India under the ...
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Jubilant to buy 40% in Coke bottler's parent for 10k cr
NEW DELHI: Jubilant Bhartia Group, a multi-billion conglomerate with interests across sectors, such as pharma and QSR, ...