Pantaloon Retail plans to sell 22.5 pct stake in insurance venture

Explore Business Standard

MUMBAI (Reuters) - Pantaloon Retail, India's top listed retailer by sales, plans to sell a 22.5 percent stake in insurance venture Future Generali to non-banking financial company Industrial Investment Trust Ltd, it said in a statement on Friday.
The retailer did not provide any further details of the transaction.
(Reporting by Nandita Bose; Editing by Subhranshu Sahu)
First Published: Mar 08 2013 | 6:42 PM IST