International investor to acquire 42 per cent stake in Singer India’s holding entity
Appliances firm Singer India on Tuesday said an international investor will buy 42 per cent stake in the holding entity of the India business.
Share Via Email
| A+A A- By Express News Service
CHENNAI: Appliances firm Singer India on Tuesday said an international investor will buy 42 per cent stake in the holding entity of the India business.
Retail Holdings India BV is a promoter entity of Singer India Ltd.
The company, however, neither shared the name of the investor nor the deal size.
“Retail Holdings Asia BV, has entered into an agreement with an international private investor to sell approximately 42 per cent of its equity interest in its 100 per cent owned subsidiary, Retail Holdings India BV to the investor,” Singer said in a regulatory filing.
An intl investor will buy 42 pc stake in Singer India s holding entity
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
An international investor will buy 42 pc stake in Singer India s holding entity
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
An international investor will buy 42% stake in Singer India s holding entity
Singer India, however, did not share the name of the investor or the deal size. PTI
Representative image.
Small appliances firm Singer India on Tuesday said an international investor will acquire 42 percent stake in the holding entity of the India business.
Retail Holdings India BV is a promoter entity of Singer India Ltd. Retail Holdings Asia BV, has entered into an agreement with an international private investor to sell approximately 42 percent of its equity interest in its 100 percent owned subsidiary, Retail Holdings India BV to the investor,” Singer India said in a regulatory filing.