New York – U.S. private equity firm Blackstone has invested Rs 1,750 crore (244.2 million dollars) in Future Lifestyle Fashion (FLF), India’s Future Group’s flagship fashion business. FLF owns several retail chains including Central and Brand Factory. The agreement, announced over the weekend, is an equity and debt deal that the lifestyle...
16 Nov 2019
New York – Blackstone, the world’s biggest private equity firm has acquired about 6 percent stake in India’s Future Lifestyle Fashion, the flagship fashion business of Kishore Biyani-owned Future Group, for about Rs 545 crore (circa 80 million dollars.) As reported by the ‘Economic Times’ earlier this month, private equity firm Blackstone will...
31 Jul 2019