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.