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Hindustan Coca-Cola Files for IPO Through Shareholder Stake Sale

Draft papers show the IPO will consist entirely of a stake sale by its majority shareholder, with no fresh money going to the company.

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Hindustan Coca-Cola Holdings, India's largest Coca-Cola bottler, has filed for an initial public offering consisting entirely of a stake sale by its majority shareholder, with no fresh money going to the company, draft papers showed.($1 = 93.9000 Indian rupees)

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