Ethics and Goverance

For expanding its operations to more areas in the world, there is an urgent need for raising funds with in a short period for which its sale of stake to Coco-Cola would be of immense help. The transaction has resulted in 30m which can be very much used for establishing new branches in different areas of Europe. For gaining global competitive advantage, its expansion to different areas of the world is essential and hence the selling of its stake to Coco-Cola is highly justified.