Birla enters the Indian retailing industry with an acquisition

Sushubh

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Birla enters the Indian retailing industry with an acquisition
The AV Birla group has expressed their desire to enter the Indian retailing scene with the acquisition of Hyderabad-based supermarket chain Trinethra Super Retail.
In addition, they have also acquired the online shopping outfit, Fabmall.
Market sources claim that the company would fund these acquisitions through unlisted units. Other [...]

http://business.techwhack.co/1644/indian-...iling-industry/
 

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