Chandaria kin launches bid for foods manufacturer

What you need to know:

  • Nephew of renowned industrialist Manu Chandaria gets regulator’s nod to take controlling stake of therapeutic food firm with global outreach.
  • The transaction will give Mr Chandaria control of the company and he could own it fully if he already held the other 20 per cent.

A nephew of industrialist Manu Chandaria is set to acquire an 80 per cent stake in therapeutic foods manufacturer Insta Products, buying out his partners in the Kenyan company.

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