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;))
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