Coca-Cola Amatil is set to have a shortlist in place next week for its South Korean operations, according to local reports.

Australian Financial Review claimed today (27 April) that the Australian company, which closed the book on bids for Coca-Cola Korea Bottling Corp. earlier this month, has stripped some bidders out of the process.

Among the contenders still in the race, the news service claimed, are several South Korean food and beverage companies, as well as existing Coca-Cola bottlers and at least one private equity buyer. The shortlist should be complete on Monday next week, the reports said, without citing sources.

While Goldman Sachs JBWere, enlisted by CCA to assess ownership options for the South Korean business, has estimated the value to be between A$400m (US$332m) and A$500m, South Korean media reports have suggested the operations could garner as much as A$1bn.

CCA will take a decision on whether to sell the unit next month.