India Dealbook: GCPL, Tata Consumer in M&A news

India Dealbook: GCPL, Tata Consumer in M&A news

Godrej Consumer Products Ltd has taken full control of Kenyan company Canon Chemicals by acquiring the remaining 25 per cent stake in it, four years after it picked up a majority 75 per cent stake in the company. Meanwhile, in a separate development, Tata Consumer Products Ltd is acquiring PepsiCo’s 50 per cent stake in NourishCo Beverages Ltd for as much as Rs 29 crore ($3.8 million).