Moneycontrol PRO

business

Report on AB Nuvo reworking deal speculative: Pantaloon

In an interview to CNBC-TV18 Rakesh Biyani, joint managing director, Pantaloon clarified that press report of Aditya Birla Nuvo revaluing deal for buying a 50.1% controlling stake in Pantaloon is speculative in nature.

first published: Aug 29, 2012 11:42 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347