Ingredion completes $165M sale of majority stake in Pakistan business
Seeking Alpha ·
Ingredion ( INGR ) completed the sale of its 51% stake in Pakistan-based Rafhan Maize to a group of affiliated purchasers led by Nishat Hotels and Properties for ~$165M. Following the transaction, Ingredion ( INGR ) retains an approximately 20% ownership interest in the
DYAX Investor Sentiment
Bullish (Long) 68% · Bearish (Short) 32%
337 participants
Related News
- World Cup ticket prices finally cool off, but deep runs by the host nations could boost demand
- RUM Group GPU utilization reaches 85%
- CIBC expands into private markets with launch of private infrastructure fund
- Buffett skips midyear donation to Gates Foundation amid Epstein probe - report
- Micron's CEO Says This Is When There Could Be More Supply of Memory Products in the Market
- VisionWave to acquire controlling interest in Israeli aerospace and defense firm Meteor Aerospace