Though neither side has disclosed the size of the deal, sources peg the transaction at ₹10,000-12,000 crore.
Hindustan Coca-Cola Beverages is the local franchise of US-based beverages manufacturer Coca-Cola. The company in a statement said the investment by the Jubilant Bhartia Group would contribute to the company's ongoing success and help strengthen its position in the Indian market.
This story is from the December 12, 2024 edition of The Morning Standard.
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This story is from the December 12, 2024 edition of The Morning Standard.
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