Coca-Cola Plans $1 Billion IPO for Hindustan Unit in December
Coca-Cola Co. intends to file a draft prospectus by December for the IPO of Hindustan Coca-Cola Beverages Pvt, aiming to raise about $1 billion. Valued near $10 billion, the offering is expected to attract existing investors. The company is collaborating with multiple banks to facilitate the process, reflecting India's growing investment market and recent IPO successes.
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