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Retail

Spencer's Retail to acquire Nature's Basket for Rs 300 crore

Updated : May 17, 2019 06:11 PM IST

Natures Basket's acquisition will make Spencer's Retail a national player, giving it access to the western parts of India through its 36 stores in prime locations in Mumbai, Pune and Bangalore.
Spencer's Retail will acquire Nature's Basket's entire share capital comprising 44,58,30,000 fully paid-up equity shares of Rs 10 each.
Spencer's Retail to acquire Nature's Basket for Rs 300 crore
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