Apparel
Warburg to acquire Rs 350 cr stake in Biba
It’s official now. Global private equity fund Warburg Pincus would acquire Future Group’s stake along with Rs 350-crores minority stake in Indian ethnic fashion wear brand Biba. As per sources, Warburg is joined by Fearing Capital, a PE firm promoted by Aditya Parekh, which values Biba at around Rs 1,200 crores. CX Partners, ChrysCapital, TA...
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