The Kolkata-based biscuit producer has received the regulatory nod from the Securities and Exchange Board of India (SEBI) to float its initial public offering (IPO).
Burns Philp's plan to raise A$2.1 billion (€1.3 billion) from a
share offering in its Goodman Fielder business underlines the
group's ambitions to dominate the Australasian ingredients market.
Bemis, the US-based packaging provider, has announced the
completion of the previously announced transaction to sell its
Pressure Sensitive Materials Business segment to UPM-Kymmene will
be delayed until the first half of 2003.
!['The way forward for our industry is with strength [and] belief in the incredible story around the products we make'. Pic: GettyImages/jeffbergen](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/food-beverage-nutrition/bakeryandsnacks.com/article/2022/05/16/grain-foods-foundation-petitions-usda-to-drop-wheat-checkoff-programme/15417952-1-eng-GB/Grain-Foods-Foundation-petitions-USDA-to-drop-wheat-checkoff-programme.jpg)
