Tata Consumer To Fund Two Acquisitions With Rs 7,000 Cr Internal Cash & Bridge Financing
Tata Consumer Products (TCPL) will fund its acquisitions of Capital Foods and Organic India, which have a combined enterprise value of Rs 7,000 crore, with internal cash reserves and bridge financing, MD and CEO Sunil D’Souza said on Sunday. Both acquisitions are in regions with “huge runway for growth,” where margins are “far accretive” and the company […]
