Tata Consumer stock rises 3% as firm set to acquire Bisleri
The current management led by Ramesh Chauhan will continue for two years as part of the deal, according to an ET report. The Tata Group "will nurture and take care of it even better," although selling Bisleri was still a "painful" decision, Chauhan said. "I like the Tata culture of values and integrity and hence made up my mind despite the aggression shown by other interested buyers."