L T Foods acquires 51% stake in Golden Star Trading Inc.
L T Foods announced the acquisition of 51% stake in Golden Star Trading Inc. along with its brand Golden Star via its subsidiary L T Foods Americas Inc. with a call option to further acquire 49% stake at the end of 3 years. The acquisition entails strengthening share of L T Foods Americas in the branded Jasmine Rice market.
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First Published: Mar 03 2022 | 9:19 PM IST