Brief: Arvind Fashions Divests Assets Of 'Unlimited' Business
22/07/2021 09:41
July 22 (Reuters) - Arvind Fashions Ltd ARVF.NS :
* DIVESTS ASSETS OF 'UNLIMITED' BUSINESS
* SALE OF ASSETS OF UNLIMITED RETAIL BUSINESS TO V-MART
RETAIL IN
AN ALL CASH TRANSACTION
* UNIT TO GET CASH CONSIDERATION ESTIMATED AT ABOUT 1.50
BILLION
RUPEES
Source text for Eikon: ID:nBSE71RjQ
Further company coverage: ARVF.NS VMAR.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on ARVIND FASHIONS
See all newsBrief: Arvind Fashions Made An Investment Of 500 Million Rupees In Arvind Youth Brands
India's Arvind Fashions rises as Asian Market Securities initiates with 'buy'
India's Arvind Fashions slides on quarterly profit drop
India's Arvind Fashions posts nearly 24% drop in quarterly profit on higher expenses
Brief: Arvind Fashions Q1 Consol Net Profit 95.7 Million Rupees