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Varun Beverages to buy PepsiCo's South Africa bottler : The Tribune India

Varun Beverages to buy PepsiCo's South Africa bottler : The Tribune India
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Stocks that will see action today: December 20, 2023 - The Hindu BusinessLine

Stocks that will see action today: December 20, 2023 - The Hindu BusinessLine
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Mid-day Mood | Sensex, Nifty off record highs; metal, PSBs see profit-booking

Nifty FMCG, consumer durables and oil & gas continued to perform well, gaining over a percent each ....

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Varun Beverages share price: Varun Beverages surges 18% on South African deal worth Rs 1,320 crore

BevCo is engaged in the business of manufacturing and distribution of licensed PepsiCo Inc/ own-branded non-alcoholic beverages in South Africa BevCo has franchise rights from PepsiCo Inc. in South Africa, Lesotho, and Eswatini. Further, it also has distribution rights for Namibia and Botswana. ....

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Varun Beverages' South African acquisition sparks enthusiasm from brokerages; CLSA upgrades to 'buy'

Jefferies said that it expects VBL’s focus in South Africa to be on the Pepsico brands, which should also be margin accretive for the company. ....

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