Tata Consumer–Danone India Deal Talks Stall Over Strategy
Negotiations between Tata Consumer Products Ltd (TCPL) and Danone India over a proposed acquisition have stalled, as the two sides were unable to align on strategic priorities and valuation, delaying what was expected to be a major deal in India’s nutrition and wellness segment. Danone had reportedly valued its India portfolio — including nutraceuticals and…
Tata Consumer may acquire Danone India nutrition business
India’s food-consumer landscape may see a major shake-up as Tata Consumer Products (TCPL) — already present in staples, beverages and packaged-foods — is reportedly in advanced talks to acquire Danone India’s specialised-nutrition and nutraceutical portfolio. If the acquisition completes, TCPL will gain access to Danone India’s established nutrition brands (targeting infant-nutrition, adult protein and wellness…