Topic starter
12/11/2024 5:52 am
Hey, have you heard? The Bhartia family, from Jubilant Group, and Goldman Sachs are teaming up to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB)! They’re looking at a combined investment of around Rs 3,000-3,500 crore each.
Goldman’s bringing in funds through a special investment vehicle, with plans for a strong return structure, especially as HCCB is expected to go public in the next couple of years. It seems like Coca-Cola India is going for an “asset-light” model, similar to what PepsiCo did with Varun Beverages. This move could really shake things up in India’s beverage market and may even boost HCCB’s valuation ahead of the IPO.
Exciting times for Coca-Cola’s operations in India!
