Dabur to acquire 51% stake in Badshah Masala for Rs 588 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Dabur to acquire 51% stake in Badshah Masala for Rs 588 crore

FMCG major Dabur India on Wednesday announced that it will be acquiring a 51% stake in Badshah Masala Private Limited for Rs 587.52 crore. With this, Dabur has entered into branded spices and seasoning market in India, worth over Rs 25,000 crore. Badshah Masala is engaged in the business of manufacturing, marketing and export of ground spices, blended spices and seasonings.

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