BENGALURU (Reuters) – Shares in Pepsi Indian bottler Varun Beverages soared as much as 17.8% in early trade on Wednesday, a day after the company said it would buy South Africa’s The Beverage Company in a deal valued at 13.2 billion rupees ($158.73 million).
($1 = 83.1625 Indian rupees)
(Reporting by Ashna Teresa Britto; Editing by Rashmi Aich)
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