Download Unicorn Signals App

Powered By EquityPandit
Latest News

L Catterton Asia to buy 10% stake in FLFL

L Catterton Asia will purchase 10% stake in Future Lifestyle Fashions (FLFL), for an undisclosed sum.

In a regulatory filing FLFL stated that, the acquisition will be done via a mix of preferential allotment and secondary purchase of shares.

It further stated, “L Catterton Asia’s significant investment in FLFL will enable FLFL’s retail formats, Central and Brand Factory, and own brands to leverage the global fashion and retail expertise of L Catterton to further strengthen and expand the business.”

Read EquityPandit’s Technical Analysis of Indian Stock Market

Get Daily Prediction & Stocks Tips On Your Mobile