Varun Beverages (International) Ltd (VBIL) is to use a fresh US$32m investment to fund a buyout of PepsiCo’s minority stake in a subsidiary of the South Asian bottler.
INDIA: Varun Beverages to buy out PepsiCo stake with Standard Chartered injection
Varun Beverages (International) Ltd (VBIL) is to use a fresh US$32m investment to fund a buyout of PepsiCo's minority stake in a subsidiary of the South Asian bottler.