India: Allied Blenders plans to sell up to 5% stake to PE firm before IPO

India: Allied Blenders plans to sell up to 5% stake to PE firm before IPO

Visual from Allied Blenders site

Allied Blenders and Distillers Pvt. Ltd plans to sell a 5-6% stake to a private equity investor before going for an initial public offering (IPO) by the end of 2017, a top executive at the liquor maker said.

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