Agro/Food & Beverage

Shree Renuka Sugars is looking to raise around $250-350 Mn through a bond sale through its Brazilian subsidiary - Renuka Do Brasil S/A after it tried selling stake in two of its Brazilian subsidiaries last year to raise around $250 Mn, ET states.

Vijay Mallya is planning to make a 10% preferential allotment in United Spirits to Diageo, BS.

Coromandel International has fully acquired Liberty Urvarak by buying 14.89% in the company and with this it has become its wholly-owned subsidiary.

Edible and industrial salt manufacturer equipped with godowns, large open space for storage of raw material, resources of sufficient power and water, own fleet of vehicles and strong dealer network is looking for strategic investor.

Hector Beverages has raised $8 Mn in a second round of funding from Sequoia Capital and existing investors, ET states.Sequoia Capital has led the round with $5 Mn investment, while existing investors Catamaran Investment and FootPrint Ventures have invested the remaining amount.Hector ...

IFC is proposing to invest $17 Mn in Parag Milk Foods to fund its expansion plans.

Eveready Industries India Ltd. plans to exit tea processing business, BL states.

Allied Blenders & Distillers has acquired the Wales Distilleries based in Bengal for an undisclosed amount, ET states.

Jain Irrigation Systems Ltd raised $10 Mn through private placement of FCCB, states BSE. Proparco and FMO were equally allotted the 1,000 FCCB.