PE firm True North backs Zydus Wellness' bid to acquire Heinz India

PE firm True North backs Zydus Wellness' bid to acquire Heinz India

A bottle of tomato ketchup, manufactured by Kraft Heinz Co. Photographer: Chris Ratcliffe/Bloomberg

Indian private equity major True North is backing Zydus Wellness‘ proposal to acquire Heinz India, known for its brands Complan, Glucon D, Nycil and Sampriti Ghee, with a $140-million investment.

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