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Announced

Authum Investment & Infrastructure to acquire a 47% stake in Pratap Snacks for $102m.

Synopsis

Authum Investment & Infrastructure, non-banking finance company, agreed to acquire a 47% stake in Pratap Snacks, a snack food company, for $102m. "The acquirer and PAC have entered into a share purchase agreement dated September 26, 2024, with the sellers, pursuant to which the acquirer has agreed to acquire from the sellers 1.02 crore equity shares of the target company for $8.9 per equity share for an aggregate consideration of $102m,” Authum.

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