Choppies, Sefalana turf wars resurface

Ottapathu
Ottapathu

Three years after engaging in a bitter acquisition battle that ended up at the courts of law, sworn rivals in the Fast Moving Consumer Goods (FMCG) cut-throat industry, Sefalana Holdings and Choppies are at it again.

This time around, a deal that Choppies CEO, Ramachandran Ottapathu is pursuing in his personal capacity has emerged as the eye of a storm that has reignited the fresh battle with competitor, Sefalana Holdings.

On Monday, Sefalana Holdings implored the Competition Authority (CA) to block a transaction in which Ottapathu seeks to buy four local companies, two of which are suppliers to the former.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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