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Article: India: Godrej Eyeing Acquisitions Globally.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: kusumv03
India's Godrej Consumer Products Ltd. is considering several acquisition opportunities globally and could possibly announce a deal within a year, its chairman said Tuesday.
"There are several opportunities we are pursuing. Across the globe, in the developing world, we feel there are good opportunities," Adi Godrej said during a conference call with analysts.
Mr. Godrej added that the company has the opportunity to buy Sara Lee Corp.'s stake in Godrej Sara Lee Ltd. if the U.S.-based company decides to exit the joint venture.
"As I have mentioned earlier, if Sara Lee sells their household care business like they sold ...