Acquisitions30 Jun 2025, 06:11 pm
Mukka Proteins' Acquisition of FABBCO Bio Cycle Delayed Till September 2025
AI Summary
Mukka Proteins Ltd. has announced a delay in the acquisition of FABBCO Bio Cycle and Bio Protein Technology Private Limited. The acquisition, which was initially expected to be completed by 30th June 2025, has been revised to 30th September 2025. The company has assured that all necessary steps are being taken to address the delays and the acquisition will be completed through share transfer in due course.
Key Highlights
- Mukka Proteins Ltd. is delaying its acquisition of FABBCO Bio Cycle and Bio Protein Technology Private Limited.
- The acquisition, initially expected to be completed by 30th June 2025, has been revised to 30th September 2025.
- The delay is due to unspecified reasons, with the company assuring that necessary steps are being taken to address the issues.
- The acquisition will be completed through share transfer.
- The announcement was made on 25th March 2025.