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L Capital, Temasek may grab minority stake in Birla Retail

International investors L Capital, Temasek Holdings and International Finance Corporationare said to be close to cracking a deal to acquire minority shares in Aditya Birla Group's retail holding company. Sources say that Kumar Mangalam Birla plans to hive off Madura Lifestyle & Fashion, Pantaloons department stores and More supermarkets into a...