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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.
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,
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 Acquistion 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 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.
Jubilant FoodWorks drops 4% as parent buys 40% stake in Coca-Cola's bottler
On the equities side, Jubilant FoodWorks’s stock has outperformed the market in the last six months as it has risen 27 per cent, while gaining 22 per cent in the last one year. In comparison BSE Sensex has risen 6 per cent year to date and 17 per cent in a year.
Jubilant Bhartia Group to acquire 40% of Coca-Cola’s Indian bottling arm
The Coca-Cola Company has entered into an agreement with India’s Jubilant Bhartia Group to sell a 40% stake in Hindustan Coca-Cola Holding.
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.
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.
Coca-Cola to Sell 40% in India Bottling Unit to Jubilant Group
Cola Co. has agreed to sell a 40% stake in its India bottling unit to the Jubilant Bhartia Group for an undisclosed amount as the beverage giant becomes the latest foreign firm to divest a part of its shareholding in its local arm.
9h
on MSN
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 ...
Fortune India
7h
Beverage packaging heats up as Jubilant Bhartia buys Coke's 40% stake in HCCB
The shares of the subsidiary of JB Group reached a low of ₹672.50, down 5% from the previous close of ₹707.80.
1d
on MSN
Meet Indian family set to acquire 40% stake in Coca-Cola for Rs 125000000, its net worth is..., business is..., no connection with Mukesh Ambani
Shyam Bhartia and Hari Bhartia of the Bhartia family, who head the Jubilant Bhartia Group, are to set to acquiring a 40 ...
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