Japan’s Nippon Express to buy 22% stake in Future Supply Chain1 min read 20 Sep 2019, 05:01 PM IST
FSC would sell about 10 million shares in the company at ₹664 per share, a 22% premium to its Thursday’s closing price
The capital will be used to fund FSC’s near‐term growth plans
Mumbai: Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC), which provides supply chain and logistics services to businesses, on Friday said it will sell 22% stake in the firm to Nippon Express Co, one of Japan’s largest logistics company.
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