date:Nov 19, 2013
Best Foods is in discussions with private equity companies to divest minority interest as the former enters ready-to-eat segment in India.
Best Foods CEO Aayushman Gupta told PTI that the company plans to bring in a partner that will help expand its business.
We are going to aggressively market our ready-to-eat foods range, Gupta added.
However, details of the level of stake dilution have not been divulged.
In May, the company has already piloted the new ready-to-range products, and is now o