SAUDI ARABIA’S SALIC ACQUIRES 9.2% STAKE IN LT FOODS
Saudi Agricultural and Livestock Investment Company (SALIC), a wholly-owned subsidiary of the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia, has acquired 9.22 per cent stake in packaged foods and staples company LT Foods.
AZB & Partners advised LT Foods Limited in the deal. The AZB & Partners team comprised of Partners Daksh Trivedi and Ankit Tandon, and Senior Associates Aman Jain and Sourya Donkada.
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