Lotte Confectionery completes acquisition of Havmor

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The acquisition of Havmor by South Korean conglomerate Lotte Confectionery has been completed according to a partner who advised the Indian ice cream company.

“The acquisition has now been completed,” said Veritas Legal partner Abhijit Joshi. “The timing between the starting and finishing of the deal was unprecedentedly fast. It probably told us that if all parties concerned focus on the transaction and devote proper resources, deals can be done much faster and efficiently.”

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