
Coca-Cola plans IPO for Indian bottling arm as global firms eye local listings

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Coca-Cola Co. is considering an IPO for its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt. (HCCB), potentially raising $1 billion and valuing the unit at $10 billion. This move aligns with India's booming IPO market, following significant listings from global brands. HCCB, a major player in India's beverage sector, serves over 2 million retailers. While the IPO could strengthen Coca-Cola's local ties, it faces competition from brands like Campa Cola and market volatility risks. The listing process aims for completion by 2026, pending regulatory approvals.
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