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Deal● Neutral for Indian equities
Cremica Foods buys back Kroll stake, plans IPO at ₹2,000 crore valuation
The brief
- Cremica Foods repurchased Kroll’s 35% stake and plans a public listing next year
- The IPO valuation is reported as ₹1,500-2,000 crore; the title cites ₹2,000 crore