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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Investment, Market

Qatar to invest $500 mln in India after Bush acquisition

Posted on 10 June 2013

Hassad Food Co., the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500 million in India after buying Bush Foods Overseas Ltd.
The investment will be in the production of rice, coffee, cardamom and “ready-made foods,” Chairman Nasser Mohamed Al Hajri told reporters today in Doha. Hassad said on April 3 that it agreed to buy a majority stake in Bush, which owns basmati rice brands Neesa, Himalayan Crown and Indian Star………………………………………..Full Article: Source


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