Brief: Loulis Mills confirms cooperation with Chipita for investment in India

Loulis Food Ingredients SA

16/01/2015 07:41

Jan 16 (Reuters) - Loulis Mills SA  LOUR.AT  
    * Confirms talks with Chipita to cooperate in India after 
reports 
    * Says talks with Chipita are not finalised yet 
    * Says its target is to create a joint mill with Chipita in 
India, which is under construction 
    * Says the investment will be completed within 3 years from 
commencement of construction, will cost 15 million euros 
    * Says will notify the investors for further developments as 
per regulations 
 
     
Source text: http://bit.ly/1yqmoU9 
     
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Keywords: LOULIS MILLS SA/BRIEF