ConAgra (CAG) Makes $10M Investment in India's Agro Tech Foods; Becomes Majority Owner

ConAgra Foods, Inc., (NYSE: CAG) has become the majority owner of Indian food company Agro Tech Foods Limited (ATFL), increasing its ownership of shares to more than 50 percent, through the purchase of existing shares from a third party. The purchase price for the additional shares was approximately $10 million.

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