The Competition Commission of India (CCI) has given its nod to a multi-layered transaction involving Jubilant Beverages Limited (JBL), Jubilant BevCo Limited (BevCo), and key investors backed by Goldman Sachs. The proposed combination involves two key steps: acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt. Ltd (HCCH) by JBL and the subscription …


