Jubilant Bhartia Group Secures ₹12,500 Cr Deal for Coca-Cola Bottling Stake, Eyes Domestic Investors for Funding

Jubilant Group's Bhartia family is set to finance a significant portion of their ₹12,500 crore acquisition of a 40% stake in Coca-Cola's Indian bottling business through domestic investors. They plan to tap into mutual funds, family offices, and high-net-worth individuals (HNIs) to raise between ₹4,000 crore to ₹5,000 crore. This strategic investment aims to bolster their presence in India's rapidly growing beverage market, while they also have a credit line from Goldman Sachs for the entire deal. This partnership is expected to enhance operational synergies within the Coca-Cola ecosystem.
Source: Money Control, Times of India, Business Standard