Private equity fund AION has decided to completely exit the Ravi Jaipuria-promoted Varun Beverages, bottlers for beverage giant Pepsi.
This comes nearly three and a half year after it invested
PE fund AION fully exits Varun Beverages, walks away with handsome returns
AION, a joint venture between Apollo Global Management and ICICI Venture, had invested $90 million in Varun Beverages
 "bottles, softdrink")
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Varun Beverages is the flagship company of the Ravi Jaipuria group
First Published: Apr 17 2019 | 3:24 PM IST
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