Indo needs massive capex. This can be done by CCL alone (I doubt AUS shareholders will have the stomach for it), it can be sold (to another bottler or KO) or it can be spun off as a separate entity, with CCL holding some equity exposure. My comment around Indo in this context is that at some point very soon, there will be a need for a decision to be made.
coca cola amatil: a tale of two stories, page-26
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