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New Deal


Announced

Aditya to acquire a 51% stake in Masaba for $12m.

Financials

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Transaction Value£8m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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retailer

Pending

fashion

Majority

Acquisition

Single Bidder

India

Specialty Retailers

Private

Domestic

lifestyle

Friendly

Synopsis

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Aditya, a clothing company, agreed to acquire a 51% stake in Masaba, a fashion lifestyle company, for $12m. ABFRL and House of Masaba Lifestyle have entered a binding term sheet agreement, marking the Aditya Birla Group company's entry into the beauty & personal care market in India.

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