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Varun Beverages’ Kiva Spirits in advanced talks to acquire spirits maker Alcobrew for ₹2,000-2,500 crore

AI Summary
  • ·Varun Beverages' Kiva Spirits is in advanced talks to acquire Alcobrew.
  • ·The potential acquisition is valued between ₹2,000-2,500 crore.
  • ·The deal aims to strengthen Kiva's alcoholic beverage portfolio with established brands and distribution.
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