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

India’s Aditya Birla Fashion to buy 51% stake in House of Masaba

Adds background, details about the deal BENGALURU, January 14 (Reuters) – Aditya Birla Fashion and Retail (ABFRL) of India ADD.NS said Friday that it will purchase a 51% stake in House of Masaba Lifestyle for approximately Rs. 900 million ($ 12.14 million) as it seeks to strengthen its presence in the fast-growing segment. Major Indian … Read more

NFL Fantasy: Playoff positioning at stake in bumper Week 16 Christmas slate | NFL News

Cincinnati Bengals quarterback Joe Burrow is back in action against the Baltimore Ravens in crucial week 16 matchup Sky SportsNFL Fantasy Football guru Hannah Wilkes helps you navigate through the season in her weekly column where, this week, she gets into the holiday spirit before an exceptional holiday schedule … Three points! Three points is … 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