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WILLEMSTAD, Curaçao, Dec. 15, 2020 /PRNewswire/ Retail Holdings N.V. (Symbol: RHDGF) Retail Holdings N.V. ( Retail Holdings , together with its subsidiaries and affiliates, the Company ), announced that its indirect owned subsidiary, Retail Holdings Asia B.V., has entered into an agreement to sell approximately 42.4% of its equity interest in that company s subsidiary, Retail Holdings (India) B.V. ( India B.V. ), to an international private investor (the Investor ). India B.V. s assets include an approximately 59.0% equity stake in Singer India Limited ( Singer India ). The remaining approximately 41.0% of Singer India is publicly owned. The transaction is anticipated to close before year end.