Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited ...
The acquisition is expected to be completed within 30 days, as per a regulatory filing. Marico will also have the right to acquire the remaining stake in Zea Maize after three years from the execution ...
4700BC, while a fast-growing brand, has been a drag on profitability for PVR INOX. The popcorn brand clocked around ₹100 ...
PVR INOX sells its 4700BC snacking business to Marico for ₹226.8 crore, enhancing its focus on core cinema operations.
Vodafone Idea is set for widening losses and muted revenue growth, while Asian Paints may see modest volume and PAT ...
The divestment of Zea Maize enables 4700BC to grow under Marico, as PVR INOX reallocates resources to focus on its core ...
Marico is set to acquire a 93.27% stake in premium snacking brand "4700BC" for up to Rs 226.83 crore, aiming to expand its value-added foods portfolio. This strategic investment, expected to conclude ...
As Q3 earnings season enters week three, over 50 companies, including Vodafone Idea, Asian Paints, Tata Consumer Products and ...
Premiumisation driven by new product launches and a stronger distribution network is expected following the acquisition.
PVR INOX Ltd has fully exited premium snacking brand 4700BC, selling its entire stake in Zea Maize Pvt. Ltd to Marico Ltd in an all-cash transaction valued at ₹226.8 crore, marking a clean break from ...
Multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, as part ...
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