Multiples

Arvind sells 10 pc stake to Multiples PE for Rs 740 cr to reduce debt

Indiaretailing Bureau - October 26, 2016

Textile and branded apparel major Arvind Ltd recently announced that it is raising Rs 740 crore from Renuka Ramnath-led private equity firm Multiples Private Equity by diluting 10 per cent stake in its subsidiary, Arvind Lifestyle Brands. The stake sale...

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