The deal marks the largest domestic acquisition in India’s alcoholic beverages sector, boosting Tilaknagar’s whisky market expansion.
The acquisition marks a major milestone for UAC of Nigeria as it expands its footprint in the food and beverage industry.
The UAE’s new sugar tax will replace the flat-rate system with a tiered model based on sugar content per 100ml.
The government pledges job security and improved efficiency as private investors take over operations of struggling State-owned sugar mills.
FSIS says products may contain pieces of wood in the batter