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Anik Industries sells its dairy business

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Capital Market
Last Updated : Sep 03 2016 | 12:03 AM IST

For Rs 451.50 crore

Anik Industries announced that on 01 September 2016, B.S.A International (buyer), a company incorporated under the laws of Belgium through its wholly owned Indian subsidiary 'Anik Milk Products' has acquired the dairy business of the Company for Rs 451.50 crore, which is around 95% of the sales consideration, in terms of the slump sale agreement dated 07 March 2016.

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First Published: Sep 02 2016 | 4:13 PM IST

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