Conagra brands enters into a definitive agreement to divest its 51.8% ownership stake in agro tech foods limited

Chicago , feb. 29, 2024 /prnewswire/ -- today conagra brands, inc. (nyse: cag) announced that one of its subsidiaries has entered into a definitive agreement with funds advised by convergent finance and samara capital to divest its 51.8% ownership stake in agro tech foods limited (atfl), a food company based in mumbai, india, and listed on the national stock exchange (nse) and bombay stock exchange (bse). the transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals.
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