Archive · 6 Jun 2025
Goldman Funds $600M Equity for Coca-Cola India Unit Sale
Goldman Sachs is giving $600 million to Jubilant Bhartia Group to help them buy a part of Coca-Cola's bottling business in India.
Jubilant Bhartia will get a 40% stake in Hindustan Coca-Cola Holdings Pvt., the parent company of Hindustan Coca-Cola Beverages Pvt.
The total cost of the deal is $1.5 billion.
Goldman Sachs used a special kind of investment that's like a mix of a loan and an investment.
The remaining money will come from the group through equity and debt, including bonds.
This is part of a trend where foreign companies are selling shares in their Indian businesses.
Goldman Sachs provided $600 million to Jubilant Bhartia Group.
The funding is for the group's acquisition of a stake in Coca-Cola's Indian bottling unit.
Jubilant Bhartia is buying a 40% stake in Hindustan Coca-Cola Holdings Pvt.
The total acquisition cost is $1.5 billion.
The deal involves convertible preference shares.
- Who
- Goldman Sachs, Jubilant Bhartia Group, and Coca-Cola.
- What
- Goldman Sachs is funding a portion of the acquisition of a stake in Coca-Cola's bottling unit in India by Jubilant Bhartia Group.
- When
- December (announcement of the acquisition) and June 6, 2025 (publication date).
- Where
- India.
- Why
- Jubilant Bhartia Group is acquiring a stake in Hindustan Coca-Cola Holdings Pvt., the parent company of Coca-Cola's largest bottler in India.
- Company Involved
- Coca-Cola's bottling unit in India
- Goldman Sachs Funding
- $600 million
- Stake Acquired
- 40%
- Total Acquisition Cost
- $1.5 billion
- Buyer
- Jubilant Bhartia Group
- Target
- Hindustan Coca-Cola Holdings Pvt.