India Equity Partners to take over Innovative Foods
India Equity Partners is reportedly set to take a majority stake in Innovative Foods, a processed foods firm currently owned by Tata Group, for INR75 crore ($16.5 million).
According to The Times of India, New York-headquartered India Equity Partners is looking to use the opportunity to make its foray into the domestic food sector, for which it has allotted $100 million for...
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