Coca-Cola (NYSE:KO) is said to be considering taking its Indian bottling unit public in a deal that may fetch $1 billion.
The company has met with bankers to discuss listing Hindustan Coca-Cola Beverages, Bloomberg News reported on Friday, adding that it would value the unit at $10 billion.
The discussions are ongoing, and key details such as the timing, structure, and size of the offering may still evolve, the report added. Coca-Cola (NYSE:KO) has so far not commented on the development.
