French dairy major Lactalis buys India's Prabhat Dairy biz for $238m

French dairy major Lactalis buys India's Prabhat Dairy biz for $238m

Photo: Reuters

Maharashtra-based Prabhat Dairy has announced that it has entered into a definitive agreement with French dairy multinational Groupe Lactalis for the sale of its dairy business for a consideration of Rs 1700 crore (about $238 million).

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