SCPE makes second investment in PepsiCo's South Asian bottler
Standard Chartered Private Equity (SCPE) has invested a further INR1.7 billion ($32 million) in Varun Beverages (VBIL), the largest bottler for PepsiCo in South Asia.
The cash injection follows SCPE's INR2.5 billion ($48 million) purchase of a reported 5% stake in the firm in July 2011, as part of a deal which aimed to support the company's expansion in India as well...
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