Shree renuka’s stake buy will pave the way for Wilmar’s entry into
important sugar markets, such as Brazil and India. While, the induction
of a foreign partner would provide financial and business strength to
Shree Renuka to handle the volatilities of the commodity business. The
deal will help Shree Renuka also to cut debt of Rs 8477 crore arising
out of expensive acquisitions in Brazil in 2010.
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For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co/
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