Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal

Jubilant Bhartia Group's promoters are selling minority stakes in listed companies to raise ₹2,000 crore for partially funding the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB). Goldman Sachs Asset Management has already raised $600 million for the deal, and the group is divesting non-core assets. The deal values Coca-Cola’s bottling arm at ₹31,250 crore.