https://www.livemint.com/market/mark-to-market/big-game-opportunity-for-varun-beverages-in-south-african-safari-11703079866851.html
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12/20/23 at 1:51pm
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Livemint
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Dipti Sharma
The Beverage Co, Varun Beverages’ recent acquisition, holds franchise rights from PepsiCo in South Africa, Lesotho and Eswatini, and distribution rights for Namibia and Botswana. Given that PepsiCo has a negligible market share in South Africa, there is signi…
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