Ingredion Incorporated



US-based firm sells 75 percent stake in Pakistan’s leading starch producer to Nishat Group

  • Rafhan Maize, prominent Pakistani starch and food ingredients producer, has a market capitalization of $355 million, says brokerage firm 
  • Brokerage firm Arif Habib Ltd. says transaction ranks among largest mergers and acquisitions deals in Pakistan in nearly two decades
By Ismail Dilawar ·