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Is Dabur Set To Acquire Stake In Coca-Cola? Here’s What You Need To Know | Paisa Live
ABP News Bureau
Updated at:
03 Sep 2024 01:37 PM (IST)
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View In AppDabur India’s Barman family and the Jubilant Group’s Bhartia family have each submitted separate bids for a 40% stake in Hindustan Coca-Cola Beverages (HCCB). The bids are valued between ₹10,800 crore and ₹12,000 crore, reflecting the competitive interest in the company. With HCCB's total valuation estimated to be between ₹27,000 crore and ₹30,000 crore, these offers highlight the significant market value of the beverage giant. This move comes as both families aim to expand their business interests and influence in the beverage sector. The outcome of this bidding process could have substantial implications for the future ownership and strategic direction of HCCB.