30
Sep
Coca-Cola Co. is considering filing a draft prospectus as early as December for an initial public offering of its Indian bottling subsidiary, Hindustan Coca-Cola Beverages Pvt., potentially paving the way for one of the country’s notable consumer-sector listings. People familiar with the matter said the company is evaluating an IPO that could raise about $1 billion and value the bottling business at approximately $10 billion. The deliberations remain ongoing, and the timing, valuation and structure of the offering could change as discussions progress. The proposed transaction is expected to consist largely of shares sold by existing investors, rather than a…
