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Monday, June 4, 2012 - 20:25 IST
Warburg Pincus acquiring majority stake in Future Capital
BY Pooja Sarkar & Sneha Shah
Depending on the success of open offer, Pantaloon Retail will garner $76 mn to $100 mn for partly or fully exiting Future Capital.
Private equity fund Warburg Pincus is acquiring majority stake in Kishore Biyani-promoted Future Capital Holdings through a mix of fresh issue of shares and stake buy from the promoters, in a deal that would cost the PE firm...
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