Danone Eyeing Stake in Keventer's Milk Unit

By: trademagazin Date: 2008. 01. 21. 00:00

The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day.

 But the Indian company – which is keen to take on a foreign partner to gain overseas access and upgrade technological expertise – wants to sell only a 44.5% stake. It wants to own a similar stake, with the rest being held by the government of Rajasthan province, where the unit is based.  

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