Aditya Birla Fashion to acquire 51% stake in brand Masaba, aims Rs 500 cr revenue in next 5 years

Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday said it will acquire a 51% majority stake in the popular and contemporary brand “Masaba” promoted by leading designer Masaba Gupta for a cash consideration of Rs 90 crore. The Aditya Birla Group has entered into a “binding term sheet” agreement to acquire a 51% stake … Read more

BBL announces multi-million pound boost as investment group acquire big stake | Basketball News

British Basketball League announces multi-million dollar investment as 777 Partners acquires 45% stake; the investment will be used to deliver an ambitious plan, from the grassroots community to the overall elite gaming infrastructure in the UK Last updated: 17/12/21 16:18 The BBL will receive a huge increase in investment (photo courtesy of Peter Simmons) The … Read more