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1. A diversified conglomerate is set to acquire Sunrise Foods. Sunrise Foods clocked a turnover of around Rs 600 crore last year. However, there would be a premium on the 70-year Sunrise brand. Sunrise’s plants are located in Kolkata, Agra, Bikaner, and Jaipur. The acquiring company on Sunday said it had entered into an agreement with the spices major to acquire a 100 per cent stake in the company. Company didn’t comment on the deal size, but sources estimated it at close to Rs 2,000 crore. Which company is set to acquire Sunrise foods?
DaburITCPepsiCoParle
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