Published Jun 05 2012 by

Future Group to sell its stake in Future Capital

Promoter, Future Group is planning to sell its entire stake in Future Capital Holdings to Warburg Pincus, a private equity firm based in the US.

Warburg Pincus LLC is likely to acquire a majority stake in Future Capital form Pantaloon Retail India in a deal valued between $100 and $125 million. Warburg Pincus is expected to pay between Rs. 165 and 170 per share, according sources...

Share this 

Related Stories

First reported 2 hours ago - Updated 2 hours ago - 1 reports

Insurance Newsletter - September 15 to 19, 2014

News this weekKotak Mahindra AMC acquires schemes of PineBridge MFKotak Mahindra Asset Management Company Ltd (KMAMC), a wholly owned subsidiary of Kotak Mahindra Bank Ltd (KMBL), announced that it has executed definitive agreement to acquire the domestic ... [Published India Infoline - 2 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Why brick-and-mortar stores tie-up with online retailers

Croma, a Tata Group-promoted electronics retail chain, has tied up with online marketplace Snapdeal wherein both would sell certain products exclusively at Croma stores and retail those items also on where Croma has set up an exclusive shop. ... [Published Business Today India - 6 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 1 reports

Reliance exiting furniture business

At a time when Swedish retailer Ikea is making big plans to enter India, the country’s largest retailer Reliance Retail is winding up its furniture format under Reliance Living.All the stores under Reliance Living are now being shut down across cities ... [Published Hindu Business Line - 21 hours ago]
First reported Sep 20 2014 - Updated Sep 20 2014 - 1 reports

- Future Group to invest Rs 140 crore in mega food park in Tumkur’s Sira

Future Group would open a 110-acre world-class food processing and cold storage unit at Sira taluk in Karnataka’s Tumkur district. It has invested Rs 140 crore, and the facility would require another Rs 120 crore funding before it is fully commissioned. ... [Published - Sep 20 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports


Future Group plans to invest R1,000 crore in the food parks business “over a period of time,” as it transitions from being just a food retailer to processing food, founder and CEO Kishore Biyani said on Thursday. Future Group plans to set up three fo ... [Published Hindustan Times - Sep 19 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 2 reports

Croma and Snapdeal announce strategic tie-up [Mint, New Delhi :: ]

Sept. 16--MUMBAI -- Tata Group company Infiniti Retail Ltd, which operates consumer durables and information technology (IT) retail chain Croma, and announced a strategic partnership on Tuesday through which goods available at Croma stores ... [Published BusinessWeek - Sep 16 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 2 reports

Warburg Pincus to sell Survitec

NewsWarburg acquired Survitec from Montagu Private Equity for £280m in 2010.15 September 2014 by Nicholas Neveling . Permalink .Warburg Pincus is preparing to sell Survitec, the Belfast-based defence and safety equipment manufacturer.According to The ... [Published Real Deals Magazine - Sep 15 2014]


sort by: Date | Relevance
A Q&A with ETF Architect Lee Kranefuss [Published Focus on Funds - Sep 16 2014]
When Warburg Pincus set out two years ago to enter the world of ETFs, the firm first made a crucial hire. Lee Kranefuss, the former global chief of iShares, was brought in as executive in residence in December 2012 and tasked with helping the private ...
Bain, Carlyle in talks to buy majority stake in... [Published PE Hub Blog - Sep 15 2014]
(Reuters) – U.S. private equity funds Bain Capital LLC and Carlyle Group LP are in separate talks to buy up to a 75 percent stake in India’s Famy Care Ltd for about $400-$450 million, two sources with direct knowledge of the matter told Reuters. ...
Warburg Pincus and Antero Resources back Cheat ... [Published PE Hub Blog - Sep 15 2014]
More than $7 million has been raised to back the conservation of Cheat Canyon in West Virginia. Private funding included $2.6 million from the estate of Charlotte Ryde and a combined gift of $1 million from Warburg Pincus and Antero Resources . ...
Permira Executive Quits Board of Russian State ... [Published Private Equity Beat - Aug 27 2014]
Kurt Björklund, the co-managing partner of London-based private-equity firm Permira, has quit the advisory board of a Russian state-owned investment fund where he sat alongside other prominent U.S. and European deal makers. The Finnish national left ...
Audax completes sale of TriMark USA to Warburg ... [Published PE Hub Blog - Aug 25 2014]
Audax Group has completed the sale of TriMark USA to Warburg Pincus . South Attleboro, Massachusetts-based TriMark provides equipment to the food services industry. TriMark completed six add-ons during Audax’s ownership and increased revenue from ...
1 2 3 4 5 6 7 8 9 10 ...

Press Releases

sort by: Date | Relevance
Grupo Financiero Santander Mexico Announces Tha... [Published Financial Services - Jun 19 2014]
Navitas Midstream Partners Announces Investment... [Published Financial Services - Jun 05 2014]
PayScale Announces Majority Investment Of Up To... [Published Financial Services - Apr 24 2014]
Warburg Pincus To Acquire Electronic Funds Source [Published Financial Services - Apr 16 2014]
Wereldhave appoints interim CFO [Published GlobeNewswire: Advertising News - Apr 10 2014]
Contact Us

Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.