India Digest: Cox & Kings sells 11.58% in arm; Global funds eye Pepe Jeans

India Digest: Cox & Kings sells 11.58% in arm; Global funds eye Pepe Jeans

Photo: Reuters

Travel firm Cox & Kings on Thursday announced that its wholly owned subsidiary Prometheon Enterprises Ltd (PEL) has sold 11.58 per cent stake in Prometheon Holdings UK (PHUK) to SSG Capital Management. Meanwhile, private equity and sovereign funds are eyeing a controlling stake in Pepe Jeans India.

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