Private equity (PE) investor SSG Capital Management Group is investing up to Rs 580 crore to acquire 40 per cent stake in Kishore Biyani-promoted Future Supply Chain Solutions Ltd (FSC) from the existing shareholders of the company.
The deal values FSC at Rs 1,450...
Across the globe, private-label sales and shares are strongest in commodity-driven, high-purchase categories and those where consumers perceive little differentiation, such as paper products and some medications and remedies like aspirin, notes market research major Nielsen. "But the definition...