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Coca-Cola seeks banks for $1B India IPO
Coca-Cola International plans to launch an initial public offering (IPO) for its packaging unit in India, potentially valued at up to $1 billion. Investment banks associated with Rothschild & Co. will participate in managing the process, with expectations that the company's Indian operations could be valued at approximately $10 billion. Presentations will be held in London next week as part of the company's efforts to strengthen its presence in one of its fastest-growing markets, where it operates 14 factories, distributes products across 236 regions, and employs over 5,000 people. The company aims to expand its footprint amid strong investor demand in the Indian market.
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