Sheela Foam confirms acquisition of rival Kurlon, to buy 35%

Sheela Foam confirms acquisition of rival Kurlon, to buy 35% in furniture maker Furlenco

The company is acquiring 94.66 percent of Kurlon Enterprises' stake at an equity valuation of Rs 2,150 crore, and 35 percent stake in Furlenco for Rs 300 crore.

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, Kurlon Enterprises , House Of Kieraya Ltd , Kieraya Ltd , Kurlon Enterprise , Sheela Foam , Furlenco , Acquisitions , Rentomojo , Furniture Rental ,