Brief: S.P.Apparels Announces Acquisition Of Young Brand Apparel, Expanding To New Intimate Wear Segment
05/02/2024 13:59
Feb 5 (Reuters) - S.P.Apparels Ltd SPAP.NS :
* ANNOUNCES ACQUISITION OF YOUNG BRAND APPAREL PVT LIMITED,
EXPANDING TO NEW INTIMATE WEAR SEGMENT
* SIGNED DEFINITIVE AGREEMENT TO ACQUIRE 100% STAKE OF YOUNG
BRAND
APPAREL, UNIT OF BANNARI AMMAN SPINNING MILLS
* ACQUISITION OF YBAPL WILL BRING IN ADDITIONAL REVENUE UP
TO 4
BILLION RUPEES FOR FINANCIAL YEAR 24-25 FOR CO
Source text for Eikon: ID:nBSE14W3bN
Further company coverage: SPAP.NS
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