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Coca-Cola has sold a 40% stake in Hindustan Coca-Cola Holdings (HCCH) to Jubilant Bhartia Group

Coca-Cola has sold a 40% stake in Hindustan Coca-Cola Holdings (HCCH) to Jubilant Bhartia Group:

Coca-Cola has announced a strategic partnership with Jubilant Bhartia Group, selling a 40% stake in Hindustan Coca-Cola Holdings (HCCH) for ₹12,500 crore. This move is in line with Coca-Cola’s global refranchising strategy and strengthens its presence in India, its fifth-largest market.