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 3342.00
Trent 2958.00
Vishal Mega Mart 95.90
PN Gadgil Jewellers 601.55
Aditya Birla Life 72.80
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