ConAgra Foods (CAG +0.7%) says it's boosting its stake in Indian food company Agro Tech Foods,...

|About: ConAgra Brands, Inc. (CAG)|By:, SA News Editor

ConAgra Foods (CAG +0.7%) says it's boosting its stake in Indian food company Agro Tech Foods, making it majority owner of the company. The company has a long history with Agro Tech, dating back to 1997, and says the purchase is a good choice for furthering its international presence as part of its overall strategic plan.