Tuesday, 22 January 2019

Prabhat Dairy sells its dairy business to Lactalis for Rs1,700cr; stock up 15%

Prabhat Dairy has signed a definitive binding agreement with Tirumala Milk Products Pvt. Ltd., wholly owned subsidiary of French Dairy group ‘Lactalis’, to sell its dairy business for Rs1,700cr. The deal is expected to be completed by Q1FY20E, subject to various approvals. Deal is valued at 1.09x FY18 sales.



To Get Free Trial 
Missed call @ 8817002233 
Call Us @ 8602780449
Mail Us = starindiamarket@gmail.com 
Visit = https://www.starindiaresearch.com/freetrial

No comments:

Post a Comment