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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek to buy stake in Godrej unit

Posted on 18 December 2012

Godrej Industries Ltd. said Singapore state-investment company Temasek Holdings Pte. Ltd has agreed to buy a 20% stake in its Godrej Agrovet Ltd. unit for 5.72 billion rupees ($105 million).
Godrej Agrovet is an agribusiness company with interests in animal feed, oil palm, herbicides, hybrid seeds and poultry. It had sales of 24.60 billion rupees in the last financial year ended March 31……………………………………….Full Article: Source


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