Bhartia family set to acquire 40% stake in Coca-Cola’s bottling arm HCCB for Rs 12,500 crore
The Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB) for Rs 12,500 crore, with Goldman Sachs financing the deal. This marks the family's largest acquisition to date, and they will contribute around Rs 5,000 crore themselves.