Mumbai: Cyril Amarchand Mangaldas advised Parry Chemicals Limited (Parry Chemicals), a wholly owned subsidiary of Coromandel International Limited (Coromandel) on its acquisition of 45% equity stake of Baobab Mining and Chemicals Corporation (BMCC) f
Mumbai (Maharashtra) [India], May 16 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Parry Chemicals Limited (Parry Chemicals), a wholly owned subsidiary of Coromandel International Limited (Coromandel) on its acquisition of 45 per cent equity stake of Baobab Mining and Chemicals Corporation (BMCC) from Baobab Fertilizer Africa (BFA), an existing shareholder of BMCC, for a consideration of INR 225 crores
Coromandel is one of India's largest phosphatic fertilizer players, with a diverse range of agri-products to meet farmers' needs. The company is expanding its agricultural presence with the increased use of complex fertilizers.
Murugappa Group s Coromandel International Ltd will acquire 45 per cent stake in the Senegal-based Baobab Mining and Chemicals Corporation (BMCC), a rock phosphate mining company.According to Coromandel International, the acquisition will be at .