Pepsico bottling major Varun Beverages raises stake in Zambia unit

Pepsico bottling major Varun Beverages raises stake in Zambia unit

Ravi Jaipuria, chairman of Pepsi bottler Varun Beverages. Photo: Mint

Varun Beverages Ltd, the world’s second- largest bottler of brands sold by PepsiCo Inc., has increased its stake in the company’s subsidiary Varun Beverages (Zambia) Ltd from 60% to 90%, it said in a filing to the stock exchanges.

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