Coca Cola is reportedly considering an IPO for its bottling business in India, potentially raising $1 billion

Insiders revealed that Coca Cola is considering an IPO for its Indian bottling business, potentially raising $1 billion. The insiders stated that the company has met with bankers in recent weeks to discuss the initial public offering of Hindustan Coca-Cola Beverages Pvt., which is expected to be valued at around $10 billion. The insiders noted that discussions are still in the early stages, and Coca Cola has not yet hired banks to arrange the deal. One insider mentioned that if the deal progresses, it is likely to take place next year. The insiders indicated that discussions are ongoing, and details such as the timing, structure, and scale of the IPO may still change. A representative from Coca Cola did not respond to a request for comment