Trent Ltd.

BSE: 500251 | NSE: TRENT
Large Cap | Retailing
3901.75
-28.70 (-0.73%)
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Trent inks pact to acquire 100% stake in CWDL

Date: 31-07-2020

Trent has entered into a definitive agreement to acquire 100% of the share capital of Common Wealth Developers (CWDL). The transaction is expected to be completed on or before August 15, 2020. CWDL owns certain valuable real estate and other assets. CWDL is a subsidiary of Trent Hypermarket, a Joint Venture Company.

Trent is part of the Tata Group and is engaged in business of retailing.