Brief: Arvind Fashions Enters Into Share Purchase Agreement With Unit of Reliance Retail Ventures
03/11/2023 06:58
Nov 3 (Reuters) - Arvind Fashions Ltd ARVF.NS :
* ENTERED INTO SHARE PURCHASE AGREEMENT WITH RELIANCE BEAUTY
&
PERSONAL CARE UNIT RELIANCE RETAIL VENTURES
* DEAL FOR ENTERPRISE VALUE OF 2.16 BILLION RUPEES
* PURCHASE CONSIDERATION TOWARDS SALE OF ENTIRE EQUITY STAKE
IS
990.2 MILLION RUPEES
Source text for Eikon: ID:nBSE30WPmQ
Further company coverage: ARVF.NS
((Reuters.Briefs@thomsonreuters.com;))
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