Conagra Brands Completes Divesture of Its 51.8% Ownership Stake in Agro Tech Foods Limited
Conagra(CAG) Prnewswire·2024-08-28 13:30
CHICAGO, Aug. 28, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that all conditions for the previously announced sale by one of its subsidiaries of its 51.8% ownership stake in Agro Tech Foods Limited (ATFL), a food company based in India, have been fulfilled and the transaction has been completed. This transaction is the latest step in Conagra's strategy to continuously reshape its portfolio to maximize shareholder value. Effective with the sale, Conagra Brands no longer consolidate ...