Tata Consumer says still in talks with Bisleri Int'l for majority stake

If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr

Tata Consumer Products is still in discussions with Bisleri International to buy a majority stake in the packaged water company, the consumer goods firm said in a statement.

Asserting that it remains in discussions with various parties, including Bisleri International Private Ltd, Tata Consumer said it evaluates various strategic opportunities for growth and expansion of its businesses on an ongoing basis.

"The company will make appropriate announcements/disclosures as and when any such requirement arises. At this point in time, there is no further information to be provided with respect to this,” the statement said.

Last November, Chauhan had told Business