India Gate, New Delhi, India. Credit: PHOTO JUNCTION/Adobe StockQuartet Of Firms Advise On Coca-Cola’s Billion-Dollar India Stake Sale
The transaction follows one of PepsiCo’ largest franchisees in the world extend $890 million in one of the biggest equity offerings from India this year.
December 17, 2024 at 02:47 AM
2 minute read
A quartet of Indian and international law firms are advising on Indian conglomerate Jubilant Bhartia Group’s takeover of a 40% stake in The Coca-Cola Company’s local subsidiary, Hindustan Coca-Cola Holdings.
The subsidiary is Coca-Cola’s biggest bottling partner in the country as well as the 11th largest globally. The deal, which is valued over $1 billion, is aimed at strengthening its position in the Indian market.
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