Coca-Cola readies $1-billion IPO for Indian bottling arm HCCB, appoints bankers
Coca-Cola has appointed investment bankers Kotak, HDFC Group, and Citibank for the proposed initial public offering (IPO) of its Indian bottling subsidiary Hindustan Coca-Cola Beverages (HCCB), with a target fundraise of about $1 billion (around ₹9,027 crore), according to media report. Citing an executive, the report…

