Coca-Cola mulls $1 billion IPO of Indian bottling unit, Bloomberg News reports
Reuters
Oct 17
Coca-Cola mulls $1 billion IPO of Indian bottling unit, Bloomberg News reports
Oct 17 (Reuters) - Coca-Cola KO.N is considering taking its Indian bottling unit, Hindustan Coca-Cola Beverages, public in a deal that may fetch $1 billion, Bloomberg News reported on Friday, citing people familiar with the matter.
Reuters could not verify the report immediately.
(Reporting by Ananya Palyekar in Bengaluru; Editing by Mrigank Dhaniwala)
((Ananya.Palyekar@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.