Ingredion (INGR) signed a conditional agreement to sell a 51% ownership interest in Rafhan Maize to Nishat Hotels and Properties, located in Lahore, Pakistan. Ingredion will retain a 20% ownership interest in Rafhan Maize. The sale is conditional pending the arrangement of international financing. The transaction is expected to close in the first half of 2026, subject to regulatory approvals and satisfaction of other customary closing conditions.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INGR: