Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 285)
285.
Tata Consumer Products recently acquired a 100% stake in which company for ₹5,100 crore?
Answer: Option
Explanation:
Tata Consumer Products Ltd (TCPL) successfully acquired a 100% stake in Capital Foods, the company famous for brands like 'Ching’s Secret' and 'Smith & Jones,' for ₹5,100 crore. The strategic acquisition is phased, with an initial 75% equity shareholding and the remaining 25% to be acquired over the next three years.
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