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ANZ advisor for MFIL divestment

NEW DELHI, OCT 22: The ministry of food processing industries has appointed ANZ Grindlays Bank as global advisor for disinvestment/strate...

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NEW DELHI, OCT 22: The ministry of food processing industries has appointed ANZ Grindlays Bank as global advisor for disinvestment/strategic sale of public-sector Modern Food Industries (India) Ltd (MFIL).

An agreement to this effect was signed on Tuesday between ANZ Grindlays and the ministry.

With the signing of this agreement, MFIL has become the first PSU to select its global advisor for disinvestment/strategic sale, an official release stated.

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