Marico sells its 45% stake in Bellezimo

Date posted: Monday 12 March 2018

Indian FMCG giant Marico has exited its investment in Mumbai-based Bellezimo Professionale Products Pvt Ltd, by selling its 45 per cent stake in the company back to the promoter. Marico sold its entire stake to the promoters of the company for Rs.1.6 cr. ($246,000).

(DealStreet Asia)