Coca-Cola Plans 2027 IPO for Indian Bottling Unit
Coca-Cola is exploring a potential listing of Hindustan Coca-Cola Holdings on Indian exchanges by 2027 while retaining a majority stake. The beverage giant has appointed Rothschild to advise on the process as it seeks to capitalize on record sales growth in the major emerging market.
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The Coca-Cola Company is exploring a 2027 initial public offering for its primary Indian bottling unit, Hindustan Coca-Cola Holdings, the parent of its largest bottler in the country. The beverage giant plans to list the entity on the BSE and National Stock Exchange while selling a portion of its current 60% stake. The move targets a market where the company recently reported record sales of 50 billion rupees ($526.37 million).
