Pantaloon sells 40% stake in Future Capital to Warburg Pincus

June 04, 2012 15:12

The debt-ridden Future Group is selling 53.67 per cent stake in Future Capital Holdings to US-based private equity Warburg Pincus, to raise an estimated Rs 560 crore.Kishore Biyani-led Future Group, whose core retail business formats include Big Bazaar, Food Bazaar, e-zone and Pantaloon, has a debt of over Rs 5,000 crore.

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