Varun leads race to acquire a controlling stake in Dairibord

Varun Beverages Emerges as Frontrunner in Bid for Dairibord Control - The Zimbabwe Mail Varun Beverages Emerges as Frontrunner in Bid for Dairibord Control

HARARE – Indian beverage giant Varun Beverages has emerged as the leading contender to acquire a controlling stake in Zimbabwe Stock Exchange-listed Dairibord Holdings Limited, in what could become one of the country’s most significant corporate transactions in recent years. State media reported that market intelligence points to Varun as the most likely buyer after Dairibord issued a cautionary statement informing shareholders that three major …

Varun leads race to acquire a controlling stake in Dairibord

Source: Varun leads race to acquire a controlling stake in Dairibord – herald Business Reporter PEPSI bottler, Varun Beverages, has emerged as the leading prospective buyer for a controlling stake in Zimbabwe’s largest dairy and food processor, Dairibord Holdings Limited. This follows a cautionary statement issued by the Dairibord board, which advised shareholders that three of its major blockholders—Equivest Asset Management, Mega Market and Mu…

Dairibord Holdings' Majority Owners Eye VFEX Transfer Amid Exit Plans

Dairibord Holdings, one of Zimbabwe’s leading dairy and food products manufacturers, is reportedly facing significant changes in its ownership structure as its majority shareholders are planning an exit. The move is anticipated to involve a transfer of their holdings to the Victoria Falls Stock Exchange (VFEX). This development, reported on July 14, 2026, could signal a major shift in the company’s strategic direction and ownership landscape. Th…