Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

Coca-Cola adds fizz to India bottling unit IPO plan, appoints JPMorgan & Citi as bankers

Coca-Cola's Indian bottling unit IPO plans are advancing. JPMorgan and Citi have been appointed to manage the proposed 2027 listing. The company is also exploring the sale of a portion of its stake. This move aligns with Coca-Cola's global asset-light strategy. Hindustan Coca-Cola Beverages is a leading player in India's soft drinks market.

Coca-Cola appoints JPMorgan, Citi for planned 2027 India bottling IPO

Coca-Cola has appointed JPMorgan and Citi for the planned 2027 IPO of Hindustan Coca-Cola Holdings as it looks to monetise part of its India business.

Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say

By Vibhuti Sharma and Yantoultra Ngui MUMBAI, July 20 (Reuters) - Coca-Cola has appointed JPMorgan and Citi as bankers for a planned 2027 initial public offering of one ​of its majority-owned bottling partners in India, a critical ‌growth market, two s...