INDIA: Aditya Birla in $305m deal to buy Pantaloons
By Leonie Barrie | 1 May 2012
Indian conglomerate Aditya Birla Nuvo Limited (ABNL) is to acquire a controlling stake in the flagship Pantaloons fashion chain, which is being spun off by Future Group's Pantaloon Retail India unit in a INR16bn (US$305m) deal.
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