CCI Greenlights Coca-Cola India Arm Stake Acquisition: The CCI has approved the acquisition of a 40% stake in Hindustan Coca-Cola Holdings by Jubilant Beverages Limited and Goldman Sachs Asset Management.

CCI Greenlights Coca-Cola India Arm Stake Acquisition: The CCI has approved the acquisition of a 40% stake in Hindustan Coca-Cola Holdings by Jubilant Beverages Limited and Goldman Sachs Asset Management.

Daily Current Affairs   /   CCI Greenlights Coca-Cola India Arm Stake Acquisition: The CCI has approved the acquisition of a 40% stake in Hindustan Coca-Cola Holdings by Jubilant Beverages Limited and Goldman Sachs Asset Management.

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Category : Business and economics Published on: May 05 2025

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  • CCI approves Jubilant Beverages’ 40% stake acquisition in HCCH and CCPS investment by Goldman Sachs-backed investors to expand in India’s beverage sector.
  • The proposed combination involves two key steps: acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd (HCCH) by JBL and the subscription to compulsorily convertible preference shares (CCPS) in JBL by BevCo and investors. 
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