CCI Approves Acquisition of Imperial Brands by Tilaknagar Industries
The Competition Commission of India has approved Tilaknagar Industries Limited's acquisition of the production, bottling, marketing, and sale of alcoholic beverages under the 'Imperial Brands' from Pernod Ricard India Private Limited. This acquisition enhances Tilaknagar's presence in the Indian made foreign liquor market, which includes a variety of brands such as whisky, rum, and vodka.
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