S.P. Apparels to acquire 51.33% stake in Young Brand Apparels – ET Retail
Representative image Chennai: Listed garment maker S.P. Apparels Ltd on Monday said it will acquire 51.33 per cent stake in the Rs 325.91 crore revenue Young Brand Apparels Private Ltd for Rs 95 crore. In a regulatory filing, S.P.Apparels said it has entered into an MoU to acquire Young Brand Apparels, a subsidiary of Bannari…