Conagra divesting stake in Agro Tech Foods
Source: FoodBusinessNews
MUMBAI, INDIA — Funds advised by Convergent Finance LLP and private equity firm Samara Capital have reached agreement to acquire a 51.8% stake in Agro Tech Foods Ltd. (ATFL) from Chicago-based Conagra Brands, Inc. Financial terms of the transaction were not disclosed.ATFL, which is listed on both the National Stock Exchange and the Bombay Stock Exchange, is engaged in the business of manufacturing, marketing and…
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