19 Jun, 2013
The Leela Palace, Bengaluru
Home >> M & A >>
Monday, September 3, 2012 - 10:45 IST
Future Ventures’ FMCG arm to buy convenience stores of Pantaloon Retail
BY Bhawna Gupta
The group recently sold stake in its Pantaloons format apparel retail business to Aditya Birla Nuvo.
Future Consumer Enterprises Ltd (FCEL), a wholly owned arm of Kishore Biyani-promoted investment and business management company Future Ventures India Ltd, is planning to buy the convenience store chain under Pantaloon Retail. However, financial details of the proposed...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
JOBS
- Private Equity - Nereus Capital
- Associate - Red Fort Capital Advisors Pvt Ltd
RECENT COMMENTS
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
- 16 June 2013Raj BhattonGoing by the numbers, this values Snowman at 21.7X Mar'13 earnings and 3.5X assets. It is a brilliant pre-IPO...
- 15 June 2013sharad_dalal@hotmail.comonI think this article paints a very distorted picture of a typical PE term sheet. Investment in the form of...
- 14 June 2013SummeeronA candid article Pravin. The situation is indeed piquant. In good companies, where funds fall over each other for the...
UPCOMING EVENTSchinetwork