Tilaknagar to acquire Pernod Ricard's Imperial Blue whiskey, announcement likely on Wednesday

Tilaknagar Industries is set to acquire Imperial Blue whiskey from Pernod Ricard. The deal is expected to be finalized soon. Tilaknagar's board will meet to discuss fundraising. This acquisition comes amidst a broader restructuring by Pernod Ricard. Imperial Blue is a significant player in the deluxe whiskey category. The Indian whiskey market is the largest globally.