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Wednesday, May 22, 2024
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HomeEconomyIndia's Varun Beverages to buy The Beverage Company for $159 million

India’s Varun Beverages to buy The Beverage Company for $159 million

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BENGALURU (Reuters) – Pepsi India bottler Varun Beverages on Tuesday said it will acquire South Africa-based The Beverage Company as well as its units in a deal at an enterprise value of 13.2 billion rupees ($158.71 million).

($1 = 83.1725 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Janane Venkatraman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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