MoneyWorks4Me

Future Retail informs about company updates

06 Apr 2016 Evaluate

Future Retail has informed that the Company has agreed to acquire the entire equity shares of FabFurnish.Com owned and operated by Bluerock eServices Private Limited (‘BEPL’) as per the terms and conditions agreed under the Share Purchase Agreement. The definitive documents are in process of being executed. Consequent to acquisition of the entire share capital, BEPL will become subsidiary of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
PN Gadgil Jewellers 613.50
Aditya Birla Life 83.43
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