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Amira Nature Foods files for a $100 million IPO

August 29, 2012

Amira Nature Foods, a processor, distributor and marketer of packaged Indian Basmati rice, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The company originally filed confidentially with the SEC on June 18, 2012. The Dubai, United Arab Emirates-based company, sells its products in over 40 countries. Amira Nature Foods, which was founded in 1915 and booked $330 million in sales for the 12 months ended March 31, 2012, plans to list on the NYSE under the symbol ANFI. UBS Investment Bank, and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.