IFC proposes $55m investment in Bangladesh's Pran
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $55 million commitment to Bangladesh-based food and beverage producer Pran Group.
IFC’s commitment will support the expansion of Pran’s fruit juice, biscuit, noodle and spice product lines, according to a disclosure. The capital will comprise a loan of $30 million to Pran Agro Business...
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