Varun Beverages to acquire South African beverage firm Twizza at enterprise value of Rs 1,118.7 croreVarun Beverages is set to acquire South Africa's Twizza. The deal, valued at ZAR 2,095 million, will be paid in cash. This acquisition will...
Varun Beverages completes acquisition of South African bottler BevCoVarun Beverages Ltd acquired South Africa's BevCo and subsidiaries. BevCo now operates as VBL's subsidiary. VBL issued a ZAR 1,500 million ...
Varun Beverages surges 18% on South African deal worth Rs 1,320 croreBevCo is engaged in the business of manufacturing and distribution of licensed PepsiCo Inc/ own-branded non-alcoholic beverages in South Af...
Varun Beverages to acquire PepsiCo's South Africa bottler BevcoVarun Beverages Ltd (VBL), a major PepsiCo franchise bottler globally, announced the acquisition of South Africa's Beverage Company (Bevco)...
Rare white elephant born in Myanmar: State media
Smart money moving out of Bitcoin to gold as inflation stalksThe world’s largest gold ETF, the SPDR Gold Trust, reported inflows of nearly six tons on Friday, its most pronounced daily inflow since mi...
No longer an outlier: New York ends commercial surrogacy banAt the time, New York was one of a handful of states outlawing commercial surrogacy. Now, it's about to become legal after years of activis...
Tata Communications completes sale of Neotel for Rs 3,200 croreOn June 28, 2016, the shareholders of Neotel entered into an agreement with a Special Purpose Vehicle (SPV) which is 70 per cent owned by L...
Cipla rises 0.22% on receiving EIR from USFDAThe pharma company made the announcement on Wednesday, which was observed as public holiday by stock exchanges on account of Muharram.
Tata Communications shares zoom almost 10% on stake sale in NeotelShares of Tata Communications surged almost 10% after Vodafone's South African subsidiary Vodacom reached an agreement to buy Neotel, contr...
ET Wealth: Planning a trip to South AfricaIt’s considered the cradle of civilisation, but the country is alsofamous for wildlife, wines and adventure sports.
More pressure in store for Rupee,other emerging market currencies"We remain bearish on TRY, IDR, ZAR and INR for now, although we do not forecast steep currency selloffs in any of these cases going forwar...
- Cipla completes the Medpro deal, buys 100% stake in the South African company
The total consideration payable by Cipla is approximately $ 512 million or ZAR 4.5 billion.
Cipla set to buy 51% of S Africa's Cipla Medpro for about $220 millionCipla said on Wednesday it will buy 51% of Cipla Medpro for about $220 million, valuing the beleaguered South African company at about $440...
- WPIL to acquire pump business of PSV Holding of South Africa
WPIL Ltd today said it will acquire the pump business of South African PSV Holdings Ltd for ZAR 54 million (about Rs 35 crore) in an all ca...
- Aegis close to acquiring South Africa's CCN for Rs 90 cr
Aegis, the BPO arm of the Essar Group, is close to acquiring South Africa-based firm Call Centre Nucleus (CCN) for about Rs 90 crore.
- Ahmedabad blasts accused brought to Delhi
Ahmedabad blasts mastermind Mufti Abu Bhashir has been brought to Delhi for questioning in connection with the Delhi serial blasts.