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Mothercare Enters Into Joint Venture for South Asia
UK's Mothercare partners with Reliance to strengthen South Asia presence
Mothercare formed a joint venture with Reliance Brands Holding UK, strengthening its presence in the South Asian region, and said it refinanced its existing debt facilities with Gordon Brothers.
Reliance Brands and Mothercare form new joint venture for South Asia
Under the agreement, RBL UK will hold a 51 per cent stake in the joint venture, while Mothercare Global Brand will retain the remaining 49 per cent interest. RBL UK will acquire the stake for a cash consideration of £16 million,
Reliance announces joint venture with Mothercare, aims to expand in South Asia
Under the terms of the agreement, RBL UK will hold a 51% stake in the joint venture, while Mothercare Global Brand Limited will retain a 49% interest. RBL UK will acquire its stake for a cash consideration of £16 million.
Reliance Brands, Mothercare deepen ties with new joint venture for South Asia
Reliance Brands Ltd has deepened its partnership with Mothercare Plc by forming a joint venture that will own the Mothercare brand and its intellectual property assets across India, Nepal, Sri Lanka, Bhutan, and Bangladesh. This move follows Reliance’s acquisition of the brand’s rights in the Indian market in 2018.
Mothercare Enters Into Joint Venture for South Asia; Agrees on New Debt Facilities
Mothercare said it entered into a joint venture with Reliance Brands Holding UK to collaborate in South Asia, and that it agreed on new debt facilities. The U.K. baby-products retailer said Thursday that its subsidiary Mothercare Global Brand will hold a 49% stake in the JV,
Reliance Brands forms new JV with Mothercare Plc for South Asia market
Reliance Brands Holding UK Limited (RBLUK), a wholly-owned subsidiary of Reliance Brands Limited, will hold a 51 per cent stake in the joint venture, while Mothercare Global Brand Limited will retain the balance 49 per cent interest.
3d
on MSN
'South Asia can grow faster with more openness in terms of trade tariffs and FDI'
Franziska Ohnsorge, World Bank’s Chief Economist for South Asia, says openness can add to India’s advantage as current global ...
8h
VOA Asia Weekly: Bangladesh Missing Persons
Severe flooding in India. US, Japan, South Korea form multinational team to monitor North Korea sanctions enforcement.
1d
Cancelled in China or South Korea? Try making a comeback in Singapore and South-east Asia
Cancelled celebrities like Wang Leehom and Fan Bingbing find new opportunities in the region. Read more at straitstimes.com.
Indiatimes
1d
south asia News
A Bangladeshi court has issued an arrest warrant for former prime minister Sheikh Hasina, who has been in exile in India since August. Hasina faces accusations of severe human rights abuses during ...
Briefly on MSN
20h
South African coach Pitso Mosimane has been linked with a job in Asia
Former Mamelodi Sundowns coach has been criticised by fans after being linked with a job in Iran after leaving his previous ...
The Jakarta Post
8d
South Asia floods expose gaps in regional climate cooperation
As more extreme rainfall hits South Asia leading to floods that do not recognize national borders, regional countries must ...
3d
Why India has most oral cancer cases in South Asia
Research published in the medical journal ‘The Lancet Oncology’ revealed that India had the highest number of oral cancer ...
2d
on MSN
Mumbai Film Festival Unveils South Asia Competition; ‘All We Imagine As Light' Set As Opening Film
Mumbai Film Festival has announced the 11 titles selected for its South Asia competition, the main competitive section of the ...
6h
on MSN
North Korea's Kim Jong Un says South Korea is a foreign, hostile country, KCNA says
North Korean leader Kim Jong Un said South Korea is a foreign country and an apparent hostile country, state media KCNA said ...
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