Pepsi India bottler Varun Beverages to enter South Africa with $159 million deal
Varun Beverages, a Pepsi India bottler, announced plans to acquire South Africa-based The Beverage Company for INR 13.2 billion ($158.71 million), marking its entry into Africa's largest market. The Beverage Company, a PepsiCo-branded non-alcoholic beverage bottler and distributor, has operations in South Africa and neighboring countries.
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