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Coca-Cola mulls $1B IPO for Indian bottling unit
Coca-Cola considers a $1B IPO for its Indian bottling arm to list Hindustan Coca-Cola Beverages.
Global beverage giant Coca-Cola is exploring launching a $1 billion IPO for its Indian bottling arm, **Hindustan Coca-Cola Beverages**. The potential listing could value the unit at ~$10 billion. The plan is reportedly in early stages, with no bankers onboard yet. If realized, it would mark one of the largest consumer IPOs in India in recent times and signal global firms looking to tap local capital markets for their Indian subsidiaries.