Corporate News 22-Dec-17
Coromandel International to acquire bio-pesticide business of EID Parry (India)
For transaction valued at Rs 338 crore
Coromandel International has signed a term sheet to acquire the bio-pesticide business from EID Parry (India) together with its wholly owned subsidiary Parry America Inc. USA thorough a slump sale. The transaction is valued at Rs 338 crore which includes purchase of bio-pesticides business of EID Parry together with its R&D units, captive plantations and its wholly owned subsidiary, Parry America, Inc.
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