Cobra buyout gathers suitors

Published: (16-04-2009)

Written by: Richard Ross

Cobra Beer, which has been put up for sale by founder Karan Billimoria, is understood to have found a strong suitor in investor Wilbur Ross, who has recently shown interest in Indian acquisitions.

Meanwhile, Molson Coors is seen as a potential buyer for the UK arm of the brewer.

Wilbur Ross, according to Indian press reports, is potentially looking to enter a partnership with Indian drinks figure Ravi Jain, who is just ending a three year ‘no..

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