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Artal buys Capital Foods

Future Consumer Enterprises realises Rs 180 crore.

Tags: retail, retailer, news, Kishore Biyani

December 11, 2013  |  comments ( 0 )  | 
Artal buys Capital Foods

Kishore Biyani, CEO, Future Group, sold the 44.5 per cent stake in Capital Foods held by group company Future Consumer Enterprise for Rs 180 crore. Biyani, said at a recent press meet, “We sold our investment to Artal, a European private equity firm.” Capital Foods is the maker of Ching's Secret instant Chinese noodles, soups and condiments, amongst others.  

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