Coca-Cola Weighs December Filing for $1 Billion India IPO of Bottling Arm
Coca-Cola Co. is preparing to file draft papers by December for the planned initial public offering of Hindustan Coca-Cola Beverages Pvt., a transaction that could raise about $1 billion, according to people familiar with the matter. The deal, which may value the Indian bottling business at close to $10 billion, would test investor appetite for a large consumer listing in one of the worldโs most active equity markets.
