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Management

Aditya Birla Fashion buys India’s Forever 21 in 26 million dollar deal

Indian apparel giant Aditya Birla Fashion (ABFR) announced Tuesday the acquisition of US-based Forever21 business in India. The deal was sealed at 26 million dollars. The company announced the business transfer agreement in a filling to the BSE. The company has today executed a business transfer agreement with Diana Retail and DLF Brands for...

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