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Announced

Jubilant Bhartia Group completed the investment in Keventers.

Synopsis

Jubilant Bhartia Group, an Indian conglomerate with interests in pharmaceuticals, food services, agribusiness, energy, and other services, completed the investment in Keventers, a milkshake and ice-cream brand. Financial terms were not disclosed. The investment is expected to help Keventers accelerate its plans to open over 300 stores in the next three to four years with the additional aim to grow the ice cream business.

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