Indian poultry firm Venky's Limited is set to take over English Premier League (EPL) side Blackburn Rovers with the deal likely to be completed next month, the club said on Tuesday.
Poultry firm Venkateshwara Hatcheries, which is set to seal a 46 million pounds ($72.77 million) takeover of Blackburn Rovers, ruled out any lavish spending sprees on the Premier League club on Wednesday.
Farmers in the two states have reportedly begun culling chickens, while the state governments have restricted supply of chicken across their borders.
Poultry prices are likely to start firming up in the next four weeks, when the examination season gets over and with the onset of summer in April.
The company plans to raise Rs 750 crore; other realtors may follow.