CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Ambo Agro Products Ltd-Edible Oil Refinery &
KS Oils Ltd
Update Date: 12/11/08
Date Announced: 11/25/08
Value (million $USD): 30.1 million U.S. Dollar
1.50 billion Indian Rupee
Status: Pending
TRANSACTION DETAILS
Date Announced11/25/08
Date Originally Announced11/25/08
FormatAcq. of AssetsAcquisition techniquesDivestiture
AttitudeFriendlyAgencyn/a
Value30.1 million U.S. Dollar
1.50 billion Indian Rupee
Advisor Feesn/a
SYNOPSIS
INDIA - KS Oils Ltd agreed to acquire the edible oil refinery of Ambo Agro Products Ltd, an edible oil producer, for 1.5 bil Indian rupees ($30.125 mil US).
TARGET
NameAmbo Agro Products Ltd-Edible Oil Refinery
IndustriesSoybean oil mills; Vegetable oil mills, nec; Animal and marine fats and oils; Edible fats and oils, nec
Cityn/a
Staten/a
NationIndia
Incorporated inn/a
Public StatusSubsidiary
Business DescriptionEdible oil refinery of Ambo Agro Products Ltd.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameKS Oils Ltd (Bombay : 526209)
IndustriesSoybean oil mills; Vegetable oil mills, nec; Animal and marine fats and oils; Edible fats and oils, nec
CityMorena
Staten/a
NationIndia
Incorporated inn/a
Public StatusPublic
Business DescriptionKS Oils Ltd, headquartered in India, produces edible oils such as mustard oil, rapeseed oil and other healthy cooking oils under brand names like Double Shar, Kalash, KS Gold Vanaspati, KS Crystal Clear and De-Oiled Cakes. The company was founded in 1985.
AdvisorsICICI Bank Ltd
Acquiror Sales512.6 million U.S. Dollar
20.44 billion Indian Rupee
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.