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Article: India : Godrej may buy some Sara Lee International assets.
- Article from:
- TendersInfo
- Article date:
- August 17, 2009
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Byline: pinto03
Godrej Consumer Products Ltd, India s second-biggest soap maker, may acquire some of Sara Lee Corp s international businesses, including the US company s stake in its Indian joint venture.
Godrej Consumer may acquire Sara Lee s stake in the companies venture as well as bits and pieces of the Downers Grove, Illinois-based company s global assets, Hoshedar Press, vice chairman of the Indian company, said in an interview. If Sara Lee manages to find a buyer globally, we will certainly want to buy out their local business, he said.
Sara Lee, which owns 51 per cent in the venture with Godrej Consumer, may sell its Utrecht, the ...