Avanti Feeds to sell stake in frozen food unit to Thai Union Group for $18.5m

Avanti Feeds to sell stake in frozen food unit to Thai Union Group for $18.5m

Image of Avanti's homepage.

Indian shrimp processor and exporter Avanti Feeds is selling a strategic stake in its frozen food business to Thai Union Group PCl for Rs 125 crore ($18.5 million), according to a stock market disclosure.

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