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Future Enterprises to acquire majority stake in Livquik Technology

03 Oct 2018 Evaluate

Future Enterprises has executed shareholders agreement and share subscription agreement, to acquire majority stake in Livquik Technology (India). Consequent to subscription of the majority share capital, Livquik will become subsidiary of the company.

Livquik is engaged in digital payment instrument and payment gateway services. The activities carried out by Livquik is expected to add value to the business of the company.

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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