19-01-2024 11:33 AM | Source: Reuters
India`s Tata Consumer Products to raise up to $782 million
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India's Tata Consumer Products said on Friday it will raise up to 65 billion rupees (about $782 million) through issue of commercial papers and rights issue of shares.
The fund raise comes a week after the salt maker said it would buy Capital Foods for an enterprise value of 51 billion rupees. It also said it would buy Organic India in a deal worth 19 billion rupees. ($1 = 83.1320 Indian rupees)
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