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.
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)