
Varun Beverages to acquire 50% stake in Everest Industrial Lanka for US$3.75M
SRI LANKA – Varun Beverages Limited (VBL), a key bottler for PepsiCo, has announced the acquisition of a 50% stake in Everest Industrial Lanka (EIL) for a consideration of Rs 32.08 crore (US$3.75 million). The acquisition will support the company’s …