Wednesday, August 1, 2018

Ruchi Soya#39;s lenders to meet today to consider Adani Wilmar Rs 6,000 cr bid

Ruchi Soya#39;s lenders to meet today to consider Adani Wilmar Rs 6,000 cr bid Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden Ruchi Soya. Adani has emerged as the highest bidder (H1) with an offer of about Rs 6,000 crore, while Patanjali#39;s bid was worth around Rs 5,700 crore.

from Moneycontrol Business News https://ift.tt/2AufOX9

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