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No info which hasn't been announced: Vadilal on buyout reports
short by Ashley Paul / on Tuesday, 11 July, 2023
Vadilal Industries has issued a clarification over media reports claiming the firm has received a buyout interest from Bain Capital. "There's no information which hasn't been announced...and which should've been announced," Vadilal said in an exchange filing. Reports had earlier claimed the private equity firm was in talks for a buyout, valuing the ice cream maker at over ₹3,000 crore.
read more at Financial Express