Business
Coca-Cola CEO Visits India For $1B IPO. Bottled.
The Take
Coca-Cola CEO Henrique Braun landed in India for three days before the $1 billion HCCH IPO. A bottling arm listing apparently requires the global chief's touch. Braun will meet partners and drink 47 bottles of Thums Up. Wall Street calls this investor confidence. Mumbai calls it a paid vacation. The fizz sells itself; the CEO does not.
The Wire
Coca-Cola CEO Henrique Braun arrived in India for a three-day official visit ahead of the planned $1 billion listing of Hindustan Coca-Cola Beverages, the company's local bottling arm. The upcoming IPO is among the largest ever planned by a beverage company in the country. per The Economic Times, theopenpress.in and NewsBytes
The receipts
Source: The Economic Times