Future Enterprises to sell 25 pc stake in general insurance JV to partner Generali for Rs 1,253 Cr

Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts.

from IndiaTV Business: Google News Feed https://ift.tt/3KPbd1W