TITLE

Future Group to acquire Nilgiris for up to Rs 175 cr

PUB. DATE
February 2014
SOURCE
FRPT- FMCG Snapshot;2/23/2014, p36
SOURCE TYPE
Industry Profile
DOC. TYPE
Industry Report
ABSTRACT
The article reports on Indian discount department and warehouse store operator Future Group's plan to take over the Nilgiris southern supermarket chain. Topics discussed include Future Group's agreement to acquire the stake of private equity firm Actis Capital and the holding of the Mudaliar family, Actis' minority stake in Future Consumer Enterprise (FCEL), and businessman Kishore Biyani's leadership of Future Group. Also mentioned are FCEL product brands such as Sach and Tasty Treat.
ACCESSION #
95879612

 

Related Articles

  • Future Group To Buy Nilgiris.  // Franchise Plus;Nov/Dec2013, Vol. 9 Issue 6, p12 

    The article reports that East Indian retail company Future Group is negotiating with private equity firm Actis Capital LLP to acquire supermarket chain Nilgiris which would allow it to access more than a hundred supermarkets.

  • Future Group to acquire Nilgiris for up to Rs 175 cr.  // FRPT- Finance Snapshot;4/20/2014, p15 

    The article reports on the plan of Indian privately-held-corporation Future Group to acquire southern supermarket chain Nilgiris. The state-owned-business is said to acquire the supermarket chain Nilgiris for Rupees 150- 175 crore. The company is also in principle agreed to acquire the stake of...

  • INDIA: Actis silent over talks to "sell Nilgiris" to Future Group. Askew, Katy // Aroq - Just-Food.com (Global News);4/17/2014, p9 

    The article reports on the plan of private equity firm Actis Capital to sell its assets in its Indian supermarket chain Nilgiris to retail company Future Group. It states that Future Group will be purchasing 65% of Actis's share in the grocery chain. It adds that Future Group is also planning to...

  • Future Group to acquire Nilgiris for up to Rs 175 cr.  // FRPT- FMCG Snapshot;4/20/2014, p36 

    The article focuses on a report that Indian discount department stores and warehouse stores operator Future Group is set to purchase southern supermarket chain Nilgiris for 150-175 crore Indian rupees by acquiring the stake of private equity firm Actis Capital. Topics covered include the terms...

  • Future Group In Talks To Acquire Actis' 65% Stake In 140-Supermarket Chain 'Nilgiris': Reports.  // FRPT- FMCG Snapshot;11/24/2013, p5 

    The article reports on the possible acquisition of the 65% stake of private equity firm Actis LLP in Indian supermarket chain Nilgiris by Future Group, which runs chains of large discount department stores and warehouse stores.

  • *UPDATED* Arizona Safety Slates Commitment Talks. Lewis, Jakema // Investment Management Mandate Pipeline;3/21/2013, p1 

    The article reports that the Arizona Safety Personnel Retirement System (PSPRS) in Phoenix has approved 112 million dollars in investment commitments, with 50 million dollars to be invested with Actis Capital via its Actis Energy 3 LP fund.

  • The big three dominate discounting. Hazel, Debra // Chain Store Age;Aug96 Supplement, Vol. 72 Issue 8, p27A 

    Focuses on the performance of discount houses in the United States in 1995. Sales; Marketing strategies; Customers; Comments from industry executives.

  • Canadian retailers to counter U.S. presence. Fox, Jim // Discount Store News;1/16/95, Vol. 34 Issue 2, p3 

    Reports that Canadian retailers stepped-up their services and lowered their prices upon the expansion of United States retailers across their country. Wal-Mart expansion; Training of employees of Canadian retail stores; Plans of Canadian retailers to combat the threat of U.S. stores.

  • Shoot-out on Avenue P: Discounters draw big guns. Hisey, Pete // Discount Store News;1/16/95, Vol. 34 Issue 2, p3 

    Features megastores in Palmdale, California. Kmart; Target; Wal-Mart; The Home Depot and Service Merchandise; Best Buy; Products and services offered; Plans.

Share

Read the Article

Courtesy of

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics