Apparel
Fabindia increases stake in UK’s EAST
Fabindia Overseas has increased its stake to 62.5 percent in EAST, the UK-based mainstream women’s wear retailer. This has made Fabindia a majority stake holder in the company. Fabindia first acquired a 25.1 per cent stake in the company in January of 2009. It now has the option to buy out the balance stake and take complete control of EAST...
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