The Indian subsidiary of the Coca-Cola Co. has been granted a further six months by the Indian government to divest 49% of its equity to Indian investors. Hindustan Coca-Cola Holdings Private Limited has until February 28 2003 to comply with the divestment conditions.
INDIA: Coca-Cola given extension on divestment
The Indian subsidiary of the Coca-Cola Co. has been granted a further six months by the Indian government to divest 49% of its equity to Indian investors. Hindustan Coca-Cola Holdings Private Limited has until February 28 2003 to comply with the divestment conditions.