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,
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 acquires 40% stake in Hindustan Coca-Cola Holdings
The investment by the Jubilant Bhartia Group will contribute to the company’s ongoing success and help strengthen its position in the Indian market.
Jubilant Bhartia Group Acquires 40% Stake In Coca-Cola’s Indian Bottling Arm
Highlighting that it has entered into a definitive agreement for strategic investment, the Jubilant Bhartia Group has acquired a 40 per cent stake in Hindustan Coca-Cola Holdings, India (HCCH), through its entity Jubilant Beverages.
Jubilant Bhartia Group to acquire 40% stake in Coca-Cola's bottler HCCB
Shyam S Bhartia, founder and chairman, and Hari S Bhartia, founder and co-chairman of the Jubilant Bhartia Group, said the investment is an ideal addition to their business
Jubilant Bhartia Group picks up 40% stake in Hindustan Coca-Cola Beverages
This move is part of the US-based soft drink maker’s global strategy of being asset-light, as it seeks to reduce its stakes in bottling operations worldwide.
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.
Why Did Coca Cola Sell 40% Stake In Bottling Business To Jubilant Bhartia Group?
Global beverage giant Coca-Cola has announced the sale of a 40% stake in its Indian bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to the Jubilant Bhartia Group. Though the company did not disclose the financial details,
Jubilant to buy 40% in Coke bottler's parent for 10k cr
Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Holdings (HCCH), the parent company of India's ...
The Financial Express2h
Jubilant FoodWorks shares slip over 3%; promoters acquire 40% in Coke’s India bottlers
Jubilant FoodWorks shares dip after its promoters acquire a 40% stake in HCCB, despite remaining near its 52-week high.
Best Media20h
Jubilant Bhartia Group acquires a 40% stake in Hindustan Coca-Cola Holdings
Hindustan Coca-Cola Holdings is the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages ...
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 ...