Future Capital
Posted: 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
-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