BIC

French stationery major buys 40 pc in Cello for Rs 8 bn

Indiaretailing Bureau - January 23, 2009

French pen and stationery manufacturer BIC has picked up a 40 per cent stake in Mumbai-based stationery products maker Cello Pens. The deal, worth Rs 8 billion, also allows the former to increase its stake to 55 per cent...

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