Coca-Cola (KO.US) sells 40% of its equity in the India bottling business.

Coca-Cola (KO.US) announced on Wednesday that it has agreed to sell a 40% stake in its bottling Business in India to India's Jubilant Bhartia Group, with the transaction amount undisclosed. This Trade helps Coca-Cola to monetize local Assets without going through strict public market development.

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