Daijiworld Media Network – New Delhi

New Delhi, Oct 17: Global beverage giant Coca-Cola Co. is reportedly exploring an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Beverages Pvt Ltd. (HCCB), which could raise around $1 billion.

According to sources familiar with the development, the proposed IPO could value the bottling arm at nearly $10 billion. Discussions with investment bankers have taken place in recent weeks, though no official mandates have been assigned yet. The plan is still in the preliminary stages, and final decisions regarding the timing, structure, and size of the issue are yet to be made.

If the proposal materialises, the IPO could likely take place next year. A spokesperson for Coca-Cola has so far declined to comment on the deve

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