Tag Archives: Nippon

Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions

New Delhi: The Competition Commission on Tuesday said it has approved Nippon Express’ acquisition of 22 per cent stake in Future Group’s logistics arm Future Supply Chain SolutionsNSE -0.82 % Ltd. Future Supply Chain Solutions in September said that Japan-based Nippon Express Co will acquire 22 per cent stake through a combination of primary issuance and secondary purchase from an existing investor. The Competition Commission of ... Read More »

Nippon Express acquires 22% stake in Biyani’s Future Supply Chain Solutions

The transaction, valued at ₹641 crore, will be used to fund FSC’s growth plans Japan’s Nippon Express has acquired a 22 per cent stake in Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC) for ₹641 crore as the logistics company looks to tap into the rapidly-growing Indian logistics market. As part of the deal, Nippon Express has bought the 14.6 per cent ... Read More »