Retail India News: Varun Beverages to Acquire South Africa’s Twizza in All-cash Deal
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Varun Beverages is acquiring a south african company, with some reports indicating the target is Twizza, a soft drinks maker, while others suggest it may be Crickley Dairy. The acquisition is reportedly an all-cash deal, with some outlets specifying the purchase price as R2.1 billion. The move appears to be part of an effort to expand presence in southern africa.
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