Thai Union to buy 40% in Avanti Feeds shrimp plant venture for $18m
Posted on 17 Mar 16 20:11 pm | Written by UNDERCURRENT NEWS
Thai Union Group is to invest INR 1.25 billion ($18 million) into buying a 40% stake the newly-spun off frozen food business of Avanti Feeds.
Hyderabad based Avanti said wholly owned unit Avanti Frozen Foods will issue fresh shares to Thai Union.
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Indian Shrimp News (7)
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- 20th India International Seafood Show - 23rd to 25th September 2016
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- Thai Union to buy 40% in Avanti Feeds shrimp plant venture for $18m