Future Capital

Locked
epicresearch
Posts: 936
Joined: Tue May 22, 2012 1:40 am

Future Capital

Post by epicresearch » Fri May 25, 2012 2:22 am

-Future group & Warburg management likely to meet on Friday to sign term sheet
-Pantaloon board has given in-principle nod for deal
-Deal likely to lead to open offer from Warburg
-Warburg likely to buy stake from Future group arm
-Warburg to acquire FCHL stake from Future value retail
-Warburg to get majority stake in future capital
-Future cap may retain minority stake post Warburg investment
-Deal likely values Future Capital between Rs 160-175/share

Locked

Who is online

Users browsing this forum: No registered users and 55 guests