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Warburg Pincus acquiring majority stake in Future Capital

By Pooja Sarkar

  • 06 Jun 2012
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Warburg Pincus acquiring majority stake in 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 over $110 million.Under the deal, Future group’s public-listed flagship Pantaloon Retail (India) ......

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