PepsiCo Inc. is in advanced talks to buy the healthier soda brand Poppi, according to people with knowledge of the matter. The Purchase, New York-based beverage giant could announce the transaction as soon as next week...
Temasek signs agreement to buy 10% in Haldiram Snacks Food
Private equity firm Temasek signed a definitive agreement to buy 10% in Haldiram Snacks Food at a $10-billion valuation on Tuesday night, making this the single-largest deal in the packaged consumer goods space...
Godrej Agrovet shares in focus on acquiring 48% stake in Creamline Dairy for Rs 930 crore
Shares of Godrej Agrovet will be in focus on Wednesday after the company announced that it will acquire the remaining 48.06% stake in Hyderabad-based Creamline Dairy Products (CDPL) for Rs 930 crore. This decision will...
Temasek acquires 10% stake in Haldiram’s snacks business for $1 billion
Singapore’s sovereign investment firm Temasek has secured a deal to acquire nearly a 10 per cent stake in the snacks division of India’s Haldiram’s for approximately $1 billion, according to a report by Reuters on...
Adani Wilmar to acquire GD Foods Manufacturing at Rs 603 crore
The manufacturer of Fortune edible oil, Adani Wilmar Ltd on Tuesday announced it is going to acquire GD Foods Manufacturing (India), which sells the Tops range of sauces and condiments, valuing the New Delhi-based...
ChrysCapital, Theobroma in talks again
ChrysCapital has restarted discussions to acquire pan-India bakery chain Theobroma Foods at a significantly lower price than the original valuation ask of Rs 3,000 crore ($344 million) from the founding family and other...
Coca-Cola sells North Gujarat bottling operations for Rs 2,000 cr
Coca-Cola India has sold its bottling operations in north Gujarat to Kandhari Global Beverages Group, one of its top four independent franchisee bottlers, for close to Rs 2,000 crore, executives directly aware of the...
NCLAT condones delay in plea to initiate insolvency against PepsiCo, to list for hearing
The National Company Law Appellate Tribunal (NCLAT) on Monday condoned the delay over a plea to initiate an insolvency petition filed against food & beverage major PepsiCo India Holdings by one of its operational...
Varun Beverages extends deadline for acquisition of Ghana-based SBC Beverages to March 31
Varun Beverages, PepsiCo’s largest franchise bottler, on Tuesday extended the deadline for completion of the acquisition of Ghana-based SBC Beverages for a month to March 31. On November 13, 2024, Varun Beverages...
UK competition watchdog provisionally clears Boparan-ForFarmers deal
UK’s competition regulator said on Tuesday it has provisionally cleared British food maker Boparan Holdings’ proposed deal to buy Dutch agricultural feed company ForFarmers’ Burston and Radstock feed...
ABD acquires Pumori gin and Woodburns whiskey; strengthens premium spirits portfolio
Allied Blenders and Distillers said it has acquired all brands and other Intellectual Property rights from Fullarton Distilleries Private, the maker of Pumori gin and Woodburns whiskey for nearly Rs40 crore. ABD...
Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
Dairy firm Hatsun Agro Product (HAP) on Tuesday said it has completed the acquisition of Milk Mantra Dairy and its brand ‘Milky Moo’, strengthening its foothold in eastern India’s dairy market. The...
