
Cherat Cement and Shirazi Investments launch joint bid for Rafhan Maize
A week after U.S. ingredient giant Ingredion Inc. formally invited suitors for its 71% holding in Rafhan Maize Products Company Ltd. (RMPL), the market has its first heavyweight bidders: Cherat Cement Company Ltd. (CCCL) and Shirazi Investments (Pvt.) Ltd. …