MoneyWorks4Me

Future Lifestyle executes definitive documents with Celio International

11 Oct 2014 Evaluate

Future Lifestyle Fashions has executed definitive documents with Celio International SA, Belgium for divestment of its 31.5% stake in Celio Future Fashion (CFFL). Upon completion in terms of the documents, FLFL will hold 3.5% stake in CFFL.

Future Lifestyle Fashions has been formed through the demerger of the lifestyle fashion businesses of Future Retail (formerly Pantaloon Retail (India)) and Future Ventures India. It has a strong portfolio of owned and licensed brands and has established retail presence pan-India.

Peers
Company Name CMP
Avenue Supermarts 3830.00
Trent 2666.00
Vishal Mega Mart 103.50
PN Gadgil Jewellers 606.65
Aditya Birla Life 78.73
View more..