Varun Beverages’ acquisition of South African brand Twizza is set to double its market share in the region to 20% by 2027. Analysts have raised target prices, citing VBL’s consistent domestic performance and international expansion potential. The deal is expected to yield cost synergies and enhance VBL’s manufacturing and distribution capabilities in South Africa.
US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jitters
US stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and semiconductor stocks gained, while