India: Vadilal ice cream in talks to sell biz to Arpwood Partners, PAG

India: Vadilal ice cream in talks to sell biz to Arpwood Partners, PAG

Photo: Pixabay

The feuding promoters of Vadilal Industries Ltd are in advanced talks to sell their entire stake in the ice cream maker and its domestic distribution business to a combine of Arpwood Partners and PAG, two people aware of the development said.