Retail
Varun Beverages set to buy PepsiCo's bottling ops in south & west India, says report
Updated : January 31, 2019 08:53 AM IST
The deal, which is likely to happen this week itself, could be worth Rs 2,400 to Rs 2,700 crore, said the report citing a top official directly aware of the developments.
The potential acquisition will give VBL a national franchise ownership of the New York-based PepsiCo's India bottling operations, which holds the ownership for the Northern and Eastern part of the country, the report said.
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