Future Retail announced that Fitch Ratings has withdrawn the long term issuer rating and ratings on the USD denominated notes (listed on SGX) due to initiation of bankruptcy proceedings against the company and a weaker market position following a significant number of store closures. Powered by Capital Market – Live News
Cipla announced that Cipla EU, wholly owned subsidiary of the company in UK, has agreed to acquire an additional 19.16% stake in Cipla Maroc SA, joint venture and subsidiary of Cipla EU in Morocco. Upon completion of the transaction, Cipla EU will hold 79.16% stake in the joint venture company and balance 20.84% stake will be held by Cooper Pharma. Powered by Capital Market – […]
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