Unilever is in talks to separate its food business and combine it with spice maker McCormick in an all-stock deal that could come within weeks, the Wall Street Journal reported on Thursday, citing sources. A deal, if...
Food and beverage
Varun Beverages to acquire South African firm Crickley Dairy
Varun Beverages on Tuesday said its South African subsidiary Bevco will acquire Crickley Dairy Proprietary for Rs 131.47 crore. The Beverage Company Proprietary Ltd (Bevco) “has executed an agreement dated March...
Unilever considers separation of its food assets, Bloomberg News reports
Unilever is in the early stages of weighing a separation of its food assets as the consumer goods maker plans to streamline its business, Bloomberg News reported on Tuesday, citing people familiar with the matter...
Allied Blenders’ board nod to acquire 50% stake in Kion Blenders
Allied Blenders and Distillers announced that its board has approved to enter into shareholders’ agreement with Kion Blenders Industries to acquire a 50% stake from the existing shareholders. Kion Blenders...
Owner of Four Loko explores sale of storied alcohol brand, sources say
The parent company of Four Loko, the canned alcoholic beverage that became a college campus sensation in the late 2000s before being reformulated under regulatory pressure, is exploring a sale of the brand that could...
Asgard Alcobev completes acquisition of CMJ Breweries
Asgard Alcobev, formerly known as Banganga Paper Industries, has completed the acquisition of CMJ Breweries, a leading contract brewing facility in Northeast India. The company has acquired a 78.9 per cent stake in the...
Chili’s Grill & Bar operator in talks to sell minority stake at ₹800 crore valuation
Trimex Foods, which operates global cafe and restaurant brands Chili’s Grill & Bar, Cinnabon and Paul Bakery in India, has mandated EY to sell a minority stake, people aware of the development said. They are in...
Japan’s Kirin to sell Four Roses bourbon brand to Gallo for $775 million
Japanese brewer Kirin Holdings said on Friday it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million. Kirin, which bought Four Roses in 2002, said it was looking to...
Varun Beverages to acquire minor stake in SPV for captive consumption of solar power
The board of Varun Beverages at its meeting held on 03 February 2026 has approved to upto 30% of equity share capital of FPEL HR2 Energy (a special purpose vehicle inter-alia engaged to generate & supply solar power...
General Atlantic enters a definitive pact to acquire stake in Balaji Wafers
Investment firm General Atlantic said on Thursday that it has entered a “definitive agreement” to acquire a stake in Balaji Wafers, an Indian snack maker. The deal value was not disclosed but according to a source...
Berkshire may shed 27.5% Kraft Heinz stake, filing shows
Berkshire Hathaway may shed its 27.5% stake in Kraft Heinz, according to a regulatory filing, and exit a more than decade-old investment that did not work out for the conglomerate’s Chairman Warren Buffett. Kraft...
Allied Blenders to acquire assets of NICOL’s non-operational unit in UP
Allied Blenders and Distillers on Friday said its board has cleared a proposal to acquire assets of a non-operational distillery cum bottling facility in Uttar Pradesh from National Industrial Corporation for Rs 70...
