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Future Capital to sell stake to Warburg Pincus for Rs 560 cr

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  • Published On: June 04, 2012
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As Kishore Biyani divests stake in his financial services business, Future Capital, to private equity firm Warburg Pincus for an estimated Rs 560 cr, NDTV speaks to him on what this means for both Pantaloon and Future Capital Holdings. Warburg is to make an open offer for an additional stake of 26 per cent, while Pantaloon will use the funds to reduce debt.
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