<p>Tata Consumer Products Ltd on Friday said it had ceased discussions with packaged water maker Bisleri International about a potential acquisition.</p>.<p>Bisleri chairman Ramesh Chauhan had decided to sell the company to Tata Consumer Products for up to 70 billion rupees ($848 million), <em>the Economic Times</em> newspaper reported in November.</p>.<p>"The company has not entered into any definitive agreement or binding commitment on this matter," Tata Consumer, which sells the popular Tata Salt and Himalayan-branded mineral water, said in a stock exchange filing after market closed.</p>.<p>Bisleri did not immediately respond to a Reuters' request for comment.</p>.<p>Tata Consumer's shares closed 1.8 per cent up on Friday.</p>
<p>Tata Consumer Products Ltd on Friday said it had ceased discussions with packaged water maker Bisleri International about a potential acquisition.</p>.<p>Bisleri chairman Ramesh Chauhan had decided to sell the company to Tata Consumer Products for up to 70 billion rupees ($848 million), <em>the Economic Times</em> newspaper reported in November.</p>.<p>"The company has not entered into any definitive agreement or binding commitment on this matter," Tata Consumer, which sells the popular Tata Salt and Himalayan-branded mineral water, said in a stock exchange filing after market closed.</p>.<p>Bisleri did not immediately respond to a Reuters' request for comment.</p>.<p>Tata Consumer's shares closed 1.8 per cent up on Friday.</p>