MoneyWorks4Me

Griffin Partners sells 4.9% stake in Future Enterprise’s arm for Rs 125 crore

21 Nov 2017 Evaluate

Griffin Partners has sold 19.63 lakh share of Future Enterprise’s arm - Future Supply Chain Solutions for Rs 124.99 crore to Edelweiss Crossover Opportunities Fund and EW Clover Scheme. Griffin partners has sold 4.90% stake in the company for a price of 636.60 per equity share.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.


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