Del Monte Foods, Agro Tech and Bharti Enterprises

Agro Tech Foods acquires 100% stake in Del Monte Foods from Bharti Group
Agro Tech Foods (ATFL), the maker of ACT II popcorn, on Thursday announced the 100 per cent acquisition of Del Monte Foods (DMFPL), a joint venture between the Bharti Group (59.29 per cent stake) and Del Monte Pacific Limited (DMPL), which owns 40.71 per cent.
ATFL acquires Del Monte via all equity deal; Bharti becomes 2nd largest shareholder in ATFL
Agro Tech Foods Limited announced the acquisition of 100 per cent stake of Del Monte Foods Private Limited on Thursday. Agro Tech Foods is a leading player in food and edible oils industry and is widely known for its popular brands like ACT II popcorn and Sundrop.
Agro Tech Foods to acquire Del Monte Foods for Rs 1,300 crore share swap
Bharti Enterprises will become the second largest shareholder in Agro Tech Foods, with nearly 21 percent stake, after the share swap. Agro Tech Foods will acquire an exclusive, perpetual license for the Del Monte brand in India.
Sundrop maker Agro Tech Foods acquires Del Monte India unit
Agro Tech Foods Limited acquires Del Monte Foods in India, rebrands as Sundrop Brands, with shares trading at ₹1,002.60.
Agro Tech Foods changes company name to Sundrop Brands, to acquire 100% stake of Del Monte Foods
Agro Tech Foods will issue 1.33 crore shares of the company with a face value of ₹10 each at ₹975.50 per share on a preferential basis.
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