Deal of the month: Wilmar acquiring strategic stake in Shree Renuka Sugars

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Deal:  Singapore-headquartered agri-commodity giant Wilmar International is picking 27.5 per cent stake in the first leg of a larger deal in Shree Renuka Sugars for Rs 517 crore ($83 million). The co-promoters have made an open offer to buy 26 per cent of the diluted share capital at a marginally ......