Tilaknagar buys Imperial Blue for Rs 4k cr from Pernod Ricard – Times of India
MUMBAI: Tilaknagar Industries, maker of Mansion House brandy is acquiring the Imperial Blue business from the Indian unit of French liquor giant Pernod Ricard in a Rs 4,150-crore all-cash deal to “fast-track” its foray into the whisky segment. The transaction includes deferred payment of Rs 282 crore, to be paid four years after the deal,…