November 23, 2017

Lotte Buys Havmor Ice cream

Blog Caution.

Please Recheck whether the deal is with Lotte ( parent company of South Korea ) or its Indian subsidiary, Lotte India ( earlier named Parrys' Confectionery ).

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South Korean conglomerate Lotte Group and French automotive group Peugeot have discussed proposals to invest as much as $6 billion combined in India

source

http://www.livemint.com/Companies/UrO6gBoJ0mhVjIGf3vB8pM/India-is-said-to-discuss-6-billion-Lotte-Peugeot-investmen.html

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Please click

http://www.business-standard.com/article/companies/havmor-to-sell-ice-cream-business-to-south-korea-s-lotte-for-rs-1-020-cr-117112300743_1.html

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For more on Havmor Ice cream


https://www.havmor.com/products/

For more on Lotte India

http://www.rareindianshares.info/2016/11/lotte-india-2015-16-annual-report.html

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It appears some shares of Lotte India ( PLEASE RECHECK )   are available for Sale / Purchase with Dealers of Rare Indian Shares.


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General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism


( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

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