Apparel
Pantaloon to sell 50 percent Future Generali stake to L&T Finance
Recent media reports suggest L&T Finance plans to buy Pantaloon Retail's 50 percent stake in the general insurance business of Future Generali for an estimated Rs 560 crores. The deal values Future Generali India Insurance Company approximately at Rs 1,100 crores. Sources say, Pantaloon Retail would be exiting the venture by selling 50 percent...
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