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Wednesday, May 26, 2004
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 Corporate - Announcements


Murugappa Group receives Parrys sale consideration

Our Bureau

NEW DELHI: The Murugappa Group said on Tuesday it has received the entire sale consideration for Parrys Confectionary Ltd from Lotte Confectionary Company of Korea.

It said in a statement that as per the share purchase agreement, the entire 60.39 per cent share capital of Parrys held by various entities belonging to the Murugappa Group was sold to Lotte at Rs 283.12 per share.

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