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Mergers & Acquisitions | 10 March 2011

Cargill India May Buy 57% In NK Proteins For Rs 655 Cr

by Deeshesh Chheda
Cargill India May Buy 57% In NK Proteins For Rs 655 Cr
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Cargill India Pvt Ltd is planning to buy 57% stake in Ahmedabad-based NK Proteins Limited (NKPL) for around Rs.655 Cr, valuing the company at Rs.1,150 Cr.

The deal will help Cargill India expand its presence in India's edible oil market.

Ernst and Young India is advising NKPL on the deal.

Transaction Reference: Livemint


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