IDFC Private Equity is all set to buy 15-20 % stake in Pune-based Parag Milk Foods for Rs 155-160 crore in the largest Private Equity transaction in the country’s dairy sector. Two people familiar with the discussions said the company will issue fresh shares to IDFC PE, while the transaction will also see existing investor Motilal Oswal PE reducing its stake in the company. Motilal Oswal had picked up around 10-12 % stake in Parag in June 2008 for close […]