Treofan
Max India agrees to sell its films unit MSF to Treofan for Rs 540cr
Submitted by Divesh Sharma on Tue, 09/11/2012 - 20:09.
Delhi-based Max India has agreed to sell its packaging material maker unit Max Speciality Films (MSF) to German-based Treofan in a deal worth Rs 540 crore.
Announcing the deal, the diversified firm said, "Treofan, which develops and sells BOPP films… has offered an enterprise value of Rs 540 crore to acquire 100 per cent stake in Max Speciality Films.”
Max India chairman Analjit Singh said the sold the business so that they could focus on their key portfolio of service oriented businesses of life.
.
Technical View on Stocks
Recent Images
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme9.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme8.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme7.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme6.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme5.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
![Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp](http://topnews.in/files/images/christophe-guillarme4.thumbnail.jpg "Christophe Guillarmé’s spring-summer 2013 collection "Muse" Model on the Ramp")
Technology Sector
Buzzing Stocks
Energy Sector
Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate