Coca-Cola sells HCCBL stake to Jubilant
Zee Business Video Team | Updated: December 12, 2024 06:25 PM IST
Coca-Cola has sold a 40% stake in its bottling arm, Hindustan Coca-Cola Beverages Limited (HCCBL), to Jubilant Bhartia Group. This move comes as part of Coca-Cola's strategy to focus on its core operations while strengthening its relationship with the Jubilant Bhartia Group. The deal highlights major changes within the company's business structure and reflects shifting market dynamics.
