Announced
Financials
Sources
Tags
Acquisition
Cross Border
Friendly
Food Products
India
cheese snack
Joint Venture
Pending
Majority
Private
Synopsis
Britannia Industries, a company specialised in food industry, and Bel, a multinational cheese marketer, agreed to form a joint venture. Financial terms were not disclosed. Britannia shall sell and transfer 49% of its equity stake in its wholly owned subsidiary, Britannia Dairy, to Bel.
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