S Kumars to mull US acquisition on Nov 9

Industry:    2016-04-03

S Kumars to mull US acquisition on Nov 9

Textile company S Kumars Nationwide Ltd. said on Saturday its board will meet on Thursday to consider a proposal to acquire a home textiles company in the United States.

Last month, the company’s board had approved raising up to $65 million through equity to fund acquisitions and expansion.

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