Camlin’s announced that they will sell stake at Rs. 110 to Kokuyo S&T, Japan. Kokuya is big on stationery, furniture and lifestyle retail – they make revenues of over $3.2 billion. (In comparison, CAMLIN is a tiny company – consolidated annual turnover of 358 cr. and a profit of 8.5 cr.) There are three phases [...]
May 30, 2011
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