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Friday, October 23, 1998

ANZ advisor for MFIL divestment

ENS ECONOMIC BUREAU  
NEW DELHI, OCT 22: The ministry of food processing industries has appointed ANZ Grindlays Bank as global advisor for disinvestment/strategic sale of public-sector Modern Food Industries (India) Ltd (MFIL).

An agreement to this effect was signed on Tuesday between ANZ Grindlays and the ministry.

With the signing of this agreement, MFIL has become the first PSU to select its global advisor for disinvestment/strategic sale, an official release stated.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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