Parag Dairy may look at an IPO next year, strategic sale on hold

Pune-based Parag Milk Foods Pvt Ltd (Parag), which was reportedly in talks with various strategic players to sell out a majority stake, may look at floating an initial public offer (IPO) next year, a senior executive of the company told VCCircle.Earlier media reports mentioned that Dutch dairy cooperative Friesland-Campina is ......