WebMar 1, 2024 · Bisleri's owners were looking to raise about $1 billion from a deal. Tata Group’s talks for a majority stake in India’s leading packaged water company Bisleri International have stalled over valuation, … WebNov 28, 2024 · After owning Bisleri for more than 50 years, Ramesh Chauhan is in talks to sell the packaged water company to Tata Consumer Products Ltd for an estimated Rs 6,000-7,000 crore. The 82-year-old said that his poor health and daughter Jayanti's decision to not take over was the reason for the sale. FP Explainers November 28, 2024 12:35:27 …
What Tata Group has to say about its proposed deal to buy out Bisleri
WebBisleri The Parle Group purchased Bisleri from the Italian entrepreneur Signor Felice Bisleri in 1969.Several Parle Bisleri soda brands including Citra, Thums Up, Maaza, … Bisleri has a 32% market share in the organized bottled water segment, in which it mainly competes with PepsiCo's Aquafina, The Coca-Cola Company's Kinley, Parle Agro's Bailley and IRCTC's Rail Neer. Bisleri is often used as a generic term for bottled water in India. Many knockoff brands of similar spelling and branding have emerged over the years. inc and grow rich pdf
Tata Group’s talks over $1 billion Bisleri stake stall over valuation ...
WebNov 27, 2024 · Ramesh Chauhan, the man who built brands like Thumbs up, Gold Spot, and Limca in India, has been in touch with several business houses to sell the country's leading mineral water brand Bisleri. According to reports, Tata Consumer Products Limited is the frontrunner and may buy the brand at Rs 7,000 crore. However, the deal hasn't been … WebMar 1, 2024 · While Bisleri’s owners were looking to raise about $1 billion from this deal, negotiations stalled as both Tata and Bisleri were reportedly unable to agree on a valuation Thursday, Apr 13, 2024 ... WebNov 24, 2024 · Almost three decades after selling soft drink brands Thums Up, Gold Spot and Limca to Coca-Cola, Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd for an estimated … inc and dec