Tilaknagar Industries to acquire Imperial Blue brand for Rs 4,150 crore on slump-sale basis
In a landmark deal reshaping India’s alcobev sector, Tilaknagar Industries Ltd (TI) has announced the acquisition of the popular whisky brand Imperial Blue from Pernod Ricard India for Rs 4,150 crore on a slump-sale basis. The acquisition, once completed, will catapult Tilaknagar Industries into India’s top three whisky makers, significantly expanding its market share, portfolio…