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Sunday, January 17, 2021

Aditya Birla Fashion and Retail

ADITYA BIRLA FASHION AND RETAIL NEWS

Eye on offline market, Flipkart buys 7.8% in Aditya Birla Fashion

October 24, 2020 12:50 am

The deal is part of a trend where online retailers are entering into financial and strategic partnerships with offline retailers to expand their presence.

Explained: What Flipkart picking up stake in Aditya Birla Retail means for both groups

October 24, 2020 7:17 am

The deal comes at a time when India’s retail market has witnessed an uptick in activity with Reliance Retail on the one hand acquiring Future Group’s assets and on the other raising funds from foreign investors.

Flipkart to purchase 7.8% stake in Aditya Birla Fashion and Retail for Rs 1,500 crore

October 23, 2020 12:41 pm

Flipkart-Aditya Birla Fashion deal: Aditya Birla Fashion and Retail (ABFRL) will issue equity shares on a preferential basis to Flipkart Investments Private Limited at Rs 205 per share.