Wilmar-Shree Renuka: $200Mn Deal
  • Prabha Hedge
  • Feb 21 2014

February 21: The world's largest palm oil processor, Singapore-based Wilmar International has acquired a 27.5% stake in India's largest sugar refiner Shree Renuka Sugars, for approximately $200 million. The acquisition was done through Wilmar's 100% subsidiary Wilmar Sugar Holdings. Jayshree Pyasi shares a detailed report on the same.