Abstract

Pantaloon, the flagship brand of India-based retailer Pantaloon Retail India Limited, from Future Group, sold a majority stake to Aditya Birla Nuvo Limited in April 2012. The case analyzes the factors which prompted the founder of Future Group, Kishore Biyani, to sell the stake. It also discusses how the deal would benefit both the companies.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Te problems with soaring debt.
• Methods to reduce debt
• Acquisition as a growth strategy

Keywords

Pantaloon Retail India Ltd, Aditya Birla Nuvo Ltd, Future Group, Madura fashions and lifestyle, Pantaloons, Kishore Biyani, Kumara Mangalam Birla