
Tata Consumer to Raise ₹6,500 Crore for M&A Funding | India Business News – Times of India
[ad_1] MUMBAI: Tata Consumer Products will raise Rs 6,500 crore through issue of commercial papers and right shares to pay for the proposed stake-purchases in Capital Foods and Organic India. Last week, it had announced the acquisition of a 75% stake in Capital Foods – the owner of Ching’s Secret and Smith & Jones brands…