Sheela Foam to acquire 94.6% stake in Kurlon for Rs 2,150 cr, 35% stake in Furlenco for Rs 300 cr

Sheela Foam to Buy 94.6% of Kurlon for ₹2,150 Cr, 35% of Furlenco for ₹300 Cr Sheela Foam Ltd, an Indian mattress manufacturer, announced on Monday that it would pay Rs 2,150 crore for a 94.66% stake in its rival Kurlon. In addition, Sheela Foam announced that it will acquire a 35% stake in House … Continue reading Sheela Foam to acquire 94.6% stake in Kurlon for Rs 2,150 cr, 35% stake in Furlenco for Rs 300 cr