HCCB Fund Fact: Bhartias in talks with global investors for ₹12,500 cr acquisition of Coca-Cola's bottling arm

Jubilant Bhartia Group promoters Shyam and Hari Bhartia are negotiating with asset managers and banks to raise ₹12,500 crore. This funding is for acquiring a 40% stake in Hindustan Coca-Cola Beverages. They are talking to Apollo, Ares, Bain, and Kotak for part of the funds and considering three- to five-year debt from mutual funds.