Future Group picks up 51% stake in Sublime Foods

Future Consumer Enterprise Ltd (FCEL), part of Kishore Biyani-led Future Group, today announced picking up 51 per cent stake in food and confectionery manufacturer Sublime Foods for an undisclosed sum. After the share purchase, Sublime has become a subsidiary of the company, FCEL informed further. However, the company has not disclosed the amount which it has spend to raise its stake.

Source: http://www.business-standard.com/article/pti-stories/future-group-picks-up-51-stake-in-sublime-foods-115021901068_1.html

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