The Economic Times

Eye on India cocktail, Suntory eyes 10-15% stake in Allied Blenders & Distillers

Suntory Holdings, the renowned Japanese beverage company, is in discussions regarding a potential minority investment in Allied Blenders and Distillers. The goal of these talks is to form a strategic alliance that leverages the strengths of both entities within the whisky industry. By acquiring 10-15% of the promoters stake, Suntory aims to enhance its footprint in India's booming whisky market, amidst rising competition from other players.