Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited ...
Fast-moving consumer goods (FMCG) major Marico Ltd will acquire a majority stake in premium popcorn brand 4700BC from ...
Premiumisation driven by new product launches and a stronger distribution network is expected following the acquisition.
As rivals snap up digital-first personal care brands, ITC is moving cautiously—focusing on trust-led categories and long-term ...
4700BC, while a fast-growing brand, has been a drag on profitability for PVR INOX. The popcorn brand clocked around ₹100 ...
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 ...
PVR INOX on Monday said it will divest its premium snacking business under the 4700BC brand to FMCG major Marico in an ...
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Marico Acquisition Of 4700BC Popcorn Brand Wins Brokerage Approval; Investec Sees Upside
The commentary comes on the back of Marico's announcement that it will purchase a 93.3% stake in Zea Maize from PVR Inox.
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 ...
FMCG major Marico Ltd on Monday announced that it has signed definitive agreements to acquire a 93.27 per cent stake in Zea ...
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 ...
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