ITC to acquire Prasuma, expanding footprint in frozen and ready-to-cook foods

ITC to acquire Prasuma, expanding footprint in frozen and ready-to-cook foods https://www.taxtmi.com/news?id=33156 ITC will acquire full ownership of Prasuma via staged equity purchases under definitive agreements: an initial minority stake bought through primary subscription and secondary purchases, a follow-on investment to attain majority ownership at a pre-agreed valuation, and a final tranche to acquire the remaining minority interest and a related operating company, with later tranches subject to valuation-linked pricing and regulatory approvals. en-us Thu, 06 Feb 2025 21:01:06 +0530 Thu, 06 Feb 2025 21:01:06 +0530 TaxTMI RSS Generator ITC to acquire Prasuma, expanding footprint in frozen and ready-to-cook foods https://www.taxtmi.com/news?id=33156 ITC will acquire full ownership of Prasuma via staged equity purchases under definitive agreements: an initial minority stake bought through primary subscription and secondary purchases, a follow-on investment to attain majority ownership at a pre-agreed valuation, and a final tranche to acquire the remaining minority interest and a related operating company, with later tranches subject to valuation-linked pricing and regulatory approvals. News - Thu, 06 Feb 2025 21:01:06 +0530 https://www.taxtmi.com/news?id=33156