Announced
Completed
Financials
Sources
Tags
Acquisition
garments
Domestic
Minority
Private
Completed
Friendly
India
Textile Products
Private Equity
Single Bidder
Synopsis
SBI Life Insurance Company, an Indian life insurance company, completed the acquisition of a minority stake in Fabindia, a garment company, from Axis Asset Management Company, an Indian asset management company. Financial terms were not disclosed.
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