Coca-Cola, the global beverage giant, is reportedly planning to take its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCB), public, a Bloomberg report said, quoting sources familiar with the matter. The company has held talks with investment bankers to explore a potential USD 1 billion (Rs 8801 crore) initial public offering (IPO) that could value the unit at around USD 10 billion.

Coca-Cola listing

If the IPO moves forward, it is expected to take place next year. The discussions are still in early stages, and Coca-Cola has not yet appointed bankers for the deal. Details such as timing, structure, and offer size are still being worked out, the report said.

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