Spencer’s buys gourmet chain Nature's Basket from Godrej for about $43m

Spencer’s buys gourmet chain Nature's Basket from Godrej for about $43m

Photo by Herson Rodriguez on Unsplash

R P Sanjiv Goenka Group-owned Spencer’s Retail Ltd is set to acquire gourmet retail chain Nature’s Basket Ltd for ₹300 crore, as it seeks to expand its footprint in the Western region, the company’s filings with the BSE show. The acquisition is subject to shareholders’ approval.

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