Finance / India
Future-Lawson Tie-Up Is A Mutually Beneficial Partnership
September 2011 | Corporate Financing AnalysisIndian diversified retail company Future Group, which operates the Pantaloon Retail chain, has signed a memorandum of understanding with Japanese convenience store retailer Lawson to form a joint venture. Under the joint venture, Future plans to divest a 49% stake in its food sourcing and manufacturing operations to Lawson. CFW believes the joint venture can be mutually beneficial given the massive breadth of Pantaloon's distribution network and Lawson's strong financial capacity.
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