Dabur completes acquisition of 51% stake in Badshah Masala; stock rises
Dabur India acquired the stake in Badshah Masala for ₹587.52 crore at a enterprise value of ₹1,152 crore.
Dabur India acquired the stake in Badshah Masala for ₹587.52 crore at a enterprise value of ₹1,152 crore.
The share price of Dabur India has fallen 8.5% in the past one year, while it trades nearly 12% lower than its 52-week high of ₹620 on the BSE.
Dabur India will acquire 51% stake in Badshah Masala for ₹587.52 crore, valuing the company at ₹1,152 crore.