Market Chatter: Coca-Cola Mulls December Filing for $1 Billion India Bottling Unit IPO

05:52 AM EDT, 09/30/2026 (MT Newswires) -- Coca-Cola Company (KO) is considering filing a draft prospectus in December for an initial public offering of its Indian bottling unit, Bloomberg reported Wednesday, citing unnamed sources familiar with the matter. The IPO could raise about $1 billion and value Hindustan Coca-Cola Beverages at roughly $10 billion, with the offering expected to consist largely of shares sold by existing investors, the report said. Axis Capital (AXS) and IIFL Capital Services have been added to the banks working on the deal, according to the report. Coca-Cola did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)