Jubilant Bhartia Group promoters Shyam and Hari Bhartia are negotiating with asset managers and banks to raise ₹12,500 crore. This funding is for acquiring a 40% stake in Hindustan Coca-Cola Beverages. They are talking to Apollo, Ares, Bain, and Kotak for part of the funds and considering three- to five-year debt from mutual funds.
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