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Tata Consumer to buy out PepsiCo from beverage joint venture
May 18, 2020 | By Vccircle.com
business
Tata Consumer Products Ltd said on Monday it will acquire PepsiCo’s stake in NourishCo Beverages Ltd, an equal joint venture
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Tata Consumer Products Ltd said on Monday it will acquire PepsiCos stake in NourishCo Beverages Ltd, an equal joint venture between the two companies, for Rs 29 crore ($3.8 million). The decision to buy PepsiCos 50% stake in NourishCo is consistent with Tata
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