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The open offer for acquisition of up to 6.61 lakh shares of Tasty Bite Eatables will begin on Tuesday. Kagome Co along with Preferred Brands Foods (India) Pvt Ltd is making an open offer to buy 25.78 per cent stake from the shareholders of Tasty Bites Eatables at ₹662.40 a share, payable in cash. The offer, which will remain open till November 9, follows its parent firm entering into a strategic investment deal with Japanese food major Kagome.
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