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MTR Foods sold for Rs 443 crore


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desi in ottawa   
Member since: May 04
Posts: 1627
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Post ID: #PID Posted on: 12-02-07 20:24:13

http://www.deccanherald.com/deccanherald/feb132007/index128142007213.asp


The 80-year-old Bangalore-based company MTR Foods has been sold to Orkla of Norway for $100 million or Rs 443 crore, according to a news posted on a HongKong-based website FinanceAsia.Com, reports DHNS from Bangalore.

Orkla is one of the largest listed companies in Norway with revenue of $8.8 billion in 2005.





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