Value Lens: Why Norway’s Orkla cooked up underspiced deal in the very land of spices

By Ankit Agarwal

  • 07 Sep 2020
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Credit: Pixabay

The land of spices Kerala has just seen a heavily discounted control deal for its biggest spice maker Eastern Condiments Pvt. Ltd. Norway’s Orkla recently said it would acquire a majority stake in Eastern Condiments Pvt. Ltd and merge it with wholly owned MTR Foods Pvt. Ltd, also south-based, in a ......

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