MoneyWorks4Me

Varun Beverages gets nod for acquisition of control of Angelica Technologies

04 Nov 2019 Evaluate

Varun Beverages has received an approval for acquisition of control of Angelica Technologies by appointment of majority of directors on the Board of Angelica. The Board of Directors of the company at their meeting held on November 04, 2019, approved the same.

Varun Beverages is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world (outside USA).

Peers
Company Name CMP
Nestle India 1382.70
Varun Beverages 413.10
Britannia Industries 5002.65
LT Foods 417.15
Hatsun Agro Product 1234.25
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