Reuters logo
France's Lactalis says agrees to buy India's Tirumala
January 7, 2014 / 1:40 PM / 4 years ago

France's Lactalis says agrees to buy India's Tirumala

PARIS (Reuters) - Lactalis, Europe’s biggest dairy group, said on Tuesday it had agreed to buy South Indian dairy company Tirumala Milk Products for an undisclosed amount.

“I confirm that Lactalis bought Tirumala Milk Products,” a Lactalis spokesman said.

He was speaking after sources told Reuters that Lactalis agreed to buy Tirumala for $250-$300 million.

Reporting by Dominique Vidalon; Editing by Lionel Laurent

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below