Future Ventures in talks to sell Indian apparel stake to GA – report
Future Ventures India is reportedly in talks with General Atlantic to sell its minority stake in apparel maker AND Designs India for around INR1.5 billion ($23 million)
According to The Economic Times, Future Ventures will sell it 22.86% interest to GA after the firm offered a valuation of 14-15x EBITDA. AND Designs is a mid-range apparel chain with over 250 retails...
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