The investor thumbs-down, say experts, highlights the competitive challenges ahead for the new player.
While fizzy drinks are growing as a category, according to Kantar data, the acquisition may intensify competition for players like Ravi Jaipuria-led Varun Beverages, PepsiCo's largest bottler outside the US.
Esta historia es de la edición December 13, 2024 de Financial Express Chennai.
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Esta historia es de la edición December 13, 2024 de Financial Express Chennai.
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