aquisition Archives - BW Retail World

Tata Consumer Acquires 23.3 % In South Africa Based Joekels Tea Packers

by BW Retail World Bureau
December 30, 2022

Tata Consumer Products Ltd (TCPL) announced on Thursday that it has acquired 23.3 per cent more shares in South Africa-based Joekels Tea Packers through a step-down subsidiary for Rs 43.65 crore. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas), a step-down wholly-owned subsidiary of Tata Consumer Products UK Group, “has decided to purchase 23.3 per […]

Reliance Retail To Acquire 51% Stake In Lotus Chocolate For Rs 74 Cr

Reliance Retail Ventures, a subsidiary of Reliance Industries Limited (RIL), has signed an agreement to acquire a controlling stake in the BSE-listed Lotus Chocolate. Reliance Retail division – Reliance Consumer Products will acquire a 51 per cent stake in the confectionery maker from the promoter and promoter group entities, and will make an open offer […]