February 2, 2017 / 2:50 PM / in 10 months

BRIEF-CCL Industries announces India entry for CCL label

Feb 2 (Reuters) - CCL Industries Inc :

* CCL Industries announces India entry for CCL Label

* CCL Industries Inc - pacman-ccl will invest $3.75 million in venture to acquire its stake, reduce debt and provide funding for future expansion

* CCL Industries-pacman-ccl joint venture signed a binding agreement to acquire a 70% stake in privately owned super label mfg. Co

* CCL Industries Inc - pacman-ccl joint venture signed a binding agreement to acquire a 70% stake in privately owned super label mfg. Co

* CCL Industries inc - co will continue to be headed by its founder, bharat mehta, and becomes part of pacman-ccl trading under ccl corporate identity system Source text for Eikon: Further company coverage:

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