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Tata Consumer buys Ching's owner for ₹5,100 cr, Organic India for ₹1,900 cr
short by Hiral Goyal / on Friday, 12 January, 2024
Tata Consumer Products has announced that it has signed definitive agreements to acquire 100% stake in Capital Foods, the owner of 'Ching's Secret' brand. Tata will acquire the shares in a phased manner for ₹5,100 crore. Separately, the company has also bought Organic India, a Fabindia-owned business that sells tea and herbal supplements, for ₹1,900 crore in an all-cash deal.
read more at CNBCTV18