Aditya Birla Fashion buys Sabyasachi Couture

The all cash deal is expected to be completed in 30-45 days, the company said in a statement. Established in 1990, the brand straddles categories such as apparel, accessories and jewelry and has a strong franchise in India, US, UK and the Middle East with annual revenues of Rs274 crore.

from Markets-Economic Times https://ift.tt/2KVfXZX