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Virani family is planning to sell a 10% stake in Gujarat-based snack maker Balaji Wafers to raise funds for the family trust, ET reported. Notably, US multinational food giants PepsiCo and General Mills, known for brands like Pillsbury and Betty Crocker, are among firms like ITC planning an investment. General Mills has submitted an offer to buy a majority stake.
short by Ashley Paul / 01:30 pm on 18 Sep
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