Apparel
PE investors pick minority stake in Biba
As per latest media reports, as speculated earlier, private equity investors Warburg Pincus and Faering Capital have jointly picked up a minority stake in women’s ethnic apparel maker Biba Apparels for Rs 300 crores. It was earlier speculated that Kishore Biyani’s Future Ventures was in talks with private equity fund CX Partners to sell off its...
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