Coca-Cola CEO visits India ahead of $1 billion HCCH IPO

Coca-Cola CEO Henrique Braun is visiting India for the first time since taking the top role, ahead of Hindustan Coca-Cola Holdings' planned $1 billion IPO. The listing will reduce Coca-Cola's stake from 60% to 45%, valuing HCCH at ~$10 billion. Braun will meet local partners and assess markets firsthand. India is Coca-Cola's fifth-largest market.