NEW DELHI (dpa-AFX) - Conagra Brands, Inc. (CAG) announced Thursday that one
of its subsidiaries has entered into a definitive agreement with funds advised
by Convergent Finance and Samara Capital to divest its 51.8% ownership stake in
Agro Tech Foods Ltd.

Agro Tech Foods is a food company based in Mumbai, India, and listed on the
National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

The transaction is subject to customary closing conditions, including the
receipt of any applicable regulatory approvals.

The transaction is expected to be completed by the end of calendar year 2024.
Upon the close of this agreement, Conagra Brands will no longer consolidate the
results of Agro Tech Foods in its financial statements.



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