A subsidiary of NHC Foods has agreed to purchase a majority stake in a Singapore entity. The deal is worth approximately ₹45.82 crore. This acquisition is for 75% of the company.
Further details about the acquisition are available, including the need for due diligence and regulatory approvals. The purchase price is equivalent to USD 5.5 million.
The acquiring company is a foreign step-down subsidiary of NHC Foods, and the target company is based in Singapore.
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