According to a CNBC-TV18 report, Coca-Cola has reached out to investment banks to submit proposals for the upcoming initial public offering of its Indian bottling operations. The company has set August 9 and 10 for formal pitches to take place in London. Coca-Cola is targeting a valuation of approximately $10 billion for the unit and intends to generate nearly $1 billion via the public offering.

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4 hours ago