New Delhi, March 30 -- Norwegian consumer goods major Orkla, which owns Indian spice brands such as MTR and Eastern, is seeing growing opportunities for talent acquisition and mergers and acquisitions (M&As) after listing its local subsidiary last year, a top company executive said.
"An IPO built our stature up, it helped us develop a platform which helps us attract talent and M&A opportunities for us," said Sanjay Sharma, managing director and chief executive officer of Orkla India, during a panel discussion at the Mint India Investment Summit & Awards.
Sharma added that beyond attractive valuations and greater flexibility for local growth, a domestic listing improves how the company is perceived by potential acquisition targets.
Orkl...
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