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PURCHASE OF HCCB
Coca-Cola to sell 40% in HCCB to Jubilant Bhartia, paving way for potential local listing of bottling armCoca-Cola is selling a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), to Jubilant Bhartia Group for $1.47 bill...- Bhartia family set to acquire 40% stake in Coca-Cola’s bottling arm HCCB for Rs 12,500 croreThe Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 12,500 crore, wit...
- Goldman Sachs looks to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 crThe Bhartia family and Goldman Sachs are joining forces for a significant deal. They are planning to acquire a large stake in HCCB, the bot...
- HCCB Fund Fact: Bhartias in talks with global investors for ₹12,500 cr acquisition of Coca-Cola's bottling armJubilant Bhartia Group promoters Shyam and Hari Bhartia are negotiating with asset managers and banks to raise ₹12,500 crore. This funding ...
- Bhartias lead race for Coke bottler Hindustan Coca-Cola Beverages, ink exclusivity pact to buy up to 40% stake for $1.4 billionThe Jubilant Bhartia Group promoters are leading the race to acquire a significant minority stake in Coca-Cola's India bottling arm, Hindus...
- Uncertainties related to pandemic remain; out-of-home channels will take longer to normalise: Coke India PresidentUncertainties related to the pandemic remain and it may not be appropriate to predict the outlook for the short term, Coca-Cola India presi...
- Hindustan Coca-Cola Beverages ramps up clean energy capacityStating that the consolidated impact of the step is equivalent to a reduction in global warming achieved by 35 lakh trees per year, HCCB sa...
- FMCG firm HCCB presses 7 new renewable energy projects into serviceInstalled in different factories of the company, these projects are designed to source 23.5 million units of power by way of Purchase Power...
- Hindustan Coca-Cola Beverages announces permanent work from home policy optionThe company, which makes Maaza juice drink, Thums Up, Sprite and Coca-Cola aerated drinks and operates across 15 factories, said the policy...
- Coca-Cola's bottling partner announces 7-8% increments; no salary reduction or lay-offs in IndiaWith 15 factories in India, the asset-heavy HCCB which makes Coke, Sprite and Thums Up aerated drinks, and Minute Maid and Maaza juice, wil...
- Varun Beverages Ltd may drink up PepsiCo's bottling operationsRJ Corp-owned company is in talks for south and west units to get nationwide control of these functions.
- Cola category gaining 5% annually: Christina RuggieroChristina Ruggiero also added that “lack of data” is the reason behind the misconception that this total category is declining in the sixth...
- Coca-Cola unit sales rise 18%Coca-Cola India has reported an 18% increase in unit case volume sales in the July-September quarter over the previous corresponding quarte...
- Coke eyes Bhutan Beverages bottlingHindustan Coca-Cola Beverages Pvt Ltd (HCCB), Coca-Cola India’s bottling arm, is in negotiations to acquire the bottling operations of Bhut...
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