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Nestle India to acquire pet foods business of Purina Petcare for Rs 124 crore

According to a regulatory filing, the board of Nestle India on Thursday “approved the acquisition of Pet Foods Business (PFB) from Purina Petcare India through business transfer” with effect from October 1, 2022. Nestle S.A. owns 100 per cent of Purina Petcare India and 62.76 per cent of Nestle India.

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