Web Sify
Follow us on
Sify.com » Topics » Cement
Cement News

Warburg Pincus to buy majority stake in Future Capital
To reduce its mounting debt, Future Group has decided to sell a 54 per cent stake in Future Capital Holdings (FCH) to US-based private equity major Warburg Pincus. Its board approved the sale on Monday. The deal would cost Cloverdell Investment, an affiliate of Warburg, about Rs 560 crore. According to the agreement, Pantaloon Retail India, along with its wholly owned subsidiary Future Value Retail,
Cement Galleries
Cement Videos
Shilpa unveils RR gear Shilpa unveils RR gear
Shilpa unveils RR gear