MTR Foods owner Orkla India explores IPO, eyes 2025 decision

"We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of the study are encouraging. And we will now proceed with an evaluation of accessing the capital markets in India. Any conclusion should not be expected until sometime 2025," Nils Selte, president and CEO at Orkla, told investors. "There are a lot of things to do before we are good to go."