Coca-Cola Prepares for $1 Billion IPO of Indian Bottling Arm

Coca-Cola is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, as the company has met with bankers in recent weeks to explore options for an initial public offering (IPO). The move would mark Coca-Cola's entry into India's highly competitive beverage market. Details of the proposed IPO are still being finalized, but it could represent a significant milestone for the Indian arm of the global beverage giant.