JK Paper Limited (BSE:532162) acquired Fun Flips business of Fun Choice (Partnership Firm) and Fun Snacks (Partnership Firm) for INR 520 million on December 21, 2018. Ernst & Young Private Limited, Investment Banking Arm acted as financial advisor to Fun Snacks. JK Paper Limited (BSE:532162) completed the acquisition of Fun Flips business of Fun Choice (Partnership Firm) and Fun Snacks (Partnership Firm) on December 21, 2018.