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    Bain Capital in talks to acquire Dinshaw’s Dairy Foods, says report

    Bain Capital in talks to acquire Dinshaw’s Dairy Foods, says report

    Bain Capital in talks to acquire Dinshaw’s Dairy Foods, says report
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    By CNBC-TV18  IST (Updated)

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    The deal may value Nagpur-based ice cream maker at about Rs 800-900 crore and the process is being advised by Deloitte India, the report added.

    US-based private equity fund Bain Capital is in talks to acquire ice cream company Dinshaw’s Dairy Foods Pvt. Ltd, reported LiveMint.
    The deal may value Nagpur-based ice cream maker at about Rs 800-900 crore and the process is being advised by Deloitte India, the report added.
    “They were also in talks with Hindustan Unilever Ltd (Ltd). The promoters may sell a controlling stake or exit the company fully, depending on the offer," the report quoted a person aware of the development.
     
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