Malaysian SWF Khazanah joins fray to acquire stake in Pepe’s India arm

Malaysian SWF Khazanah joins fray to acquire stake in Pepe’s India arm

Photo: Reuters

Khazanah Nasional Berhad, the strategic investment fund of the Malaysian government, is looking to invest in the Indian arm of Pepe Jeans, two people close to the development said. The fund has already held a few rounds of exploratory discussions with the company’s executives in India.

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